£117,112
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £115,000 | 25 Aug 2023 |
| £98,000 | 15 Jun 2007 |
| £29,300 | 27 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 993 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 August 2023 the House Price Index for NORTHUMBERLAND was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £115,000 results in an estimated price of approximately £117,112.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £115,000 | £2,112 | £117,112 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -34.822 % | £-40,045 | £74,954 |
| 3 Month Average | 15.827 % | £18,200 | £133,200 |
| 6 Month Average | 9.921 % | £11,409 | £126,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £107,440 | £105,000 | 15 HEPPLE COURT |
| 20 Sep 2023 | £168,719 | £165,000 | 20 WHITHORN COURT |
| 25 Aug 2023 | £117,112 | £115,000 | 32 BUDLE CLOSE |
| 26 Sep 2022 | £99,933 | £100,000 | 30 FORD DRIVE |
| 4 Jul 2022 | £116,164 | £115,000 | 52 FORD DRIVE |
This house has a floor area of 92 sq meters or 993 sq feet when measured on 2 Mar 2009. Using an estimated price of £117,112 means this house is valued at £1,268 per sq meter (£117 per sq foot).
The average size of a house on BUDLE CLOSE is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Budle Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cambo Close |