£350,653
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £249,950 | 25 Nov 2015 |
| Detached |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £249,950 results in an estimated price of approximately £350,653.
| 25 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £249,950 | £100,703 | £350,653 |
The Postcode Pricing Model uses changes in average sales price within the NE23 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 5.168 % | £12,917 | £262,867 |
| 3 Month Average | 20.742 % | £51,844 | £301,794 |
| 6 Month Average | 12.188 % | £30,464 | £280,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £267,321 | £265,000 | 6 WHITEHILL ROAD |
| 4 Dec 2023 | £159,914 | £155,000 | 18 UNDERWOOD GROVE |
| 31 Oct 2023 | £12,790 | £12,500 | 81 UNDERWOOD GROVE |
| 17 Aug 2023 | £210,802 | £207,000 | 32 UNDERWOOD GROVE |
| 5 Jul 2022 | £282,834 | £280,000 | 58 UNDERWOOD GROVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 30 Jul 2015. Using an estimated price of £350,653 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on WOBURN CLOSE is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Windsor Court |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Windsor Court |
| May 2024 | Anti-social behaviour | On or near Underwood Grove | |
| May 2024 | Anti-social behaviour | On or near Underwood Grove | |
| May 2024 | Anti-social behaviour | On or near Underwood Grove |