£161,457
This estimated value is based upon the latest sale price for the house of £101,000 on 21 Apr 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Gareston Close
More crime details
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Price Paid | Date |
---|---|
£101,000 | 21 Apr 2008 |
£58,750 | 19 Dec 2003 |
Semi-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 April 2008 the House Price Index for NORTHUMBERLAND was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £101,000 results in an estimated price of approximately £161,457.
21 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £101,000 | £60,457 | £161,457 |
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 | -10.332 % | £-10,435 | £90,564 |
3 Month Average | 37.274 % | £37,646 | £138,646 |
6 Month Average | 11.273 % | £11,385 | £112,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £96,482 | £95,000 | 26 HORTONDALE GROVE |
20 Oct 2023 | £112,556 | £110,000 | 8 GARESTON CLOSE |
21 Aug 2023 | £71,286 | £70,000 | 27 AXWELL DRIVE |
31 Mar 2023 | £96,613 | £95,000 | 89 INGRAM DRIVE |
31 Mar 2023 | £122,038 | £120,000 | 39 HORTONDALE GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Gareston Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Gareston Close |
Jun 2024 | Public order | Under investigation | On or near Gareston Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gareston Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Axwell Drive |