£654,390
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Mar 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Mar 1997 |
| Detached |
| Freehold |
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 March 1997 the House Price Index for NORTHUMBERLAND was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £125,000 results in an estimated price of approximately £654,390.
| 5 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £125,000 | £529,390 | £654,390 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 278.317 % | £347,895 | £472,895 |
| 3 Month Average | 251.675 % | £314,593 | £439,593 |
| 6 Month Average | 221.334 % | £276,667 | £401,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £839,692 | £825,000 | 27 ERRINGTON ROAD |
| 25 Jul 2023 | £459,180 | £453,000 | 21 PARKLANDS |
| 11 Apr 2023 | £515,551 | £510,000 | 25 THE RISE |
| 8 Feb 2023 | £679,543 | £680,000 | 125 EDGE HILL |
| 23 Jun 2022 | £601,500 | £593,000 | 37 ERRINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stonehaugh Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillside |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marian Way |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Larchlea South |
| Apr 2024 | Other crime | Under investigation | On or near Errington Road |