£310,837
This estimated value is based upon the latest sale price for the house of £205,000 on 18 Sep 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £205,000 | 18 Sep 2014 |
| £185,000 | 17 Jun 2003 |
| 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 September 2014 the House Price Index for NORTHUMBERLAND was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £205,000 results in an estimated price of approximately £310,837.
| 18 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £205,000 | £105,837 | £310,837 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 29.761 % | £61,009 | £266,009 |
| 3 Month Average | 6.884 % | £14,113 | £219,113 |
| 6 Month Average | -21.624 % | £-44,329 | £160,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £225,730 | £220,000 | 7 BROOMEY ROAD |
| 26 Oct 2023 | £122,789 | £120,000 | 29 BURNHOUSE ROAD |
| 12 Oct 2023 | £138,137 | £135,000 | 37 HIGH FAIR |
| 3 Aug 2023 | £138,498 | £136,000 | 6 BROOMEY ROAD |
| 22 Mar 2023 | £301,027 | £296,000 | 20 RYECROFT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near High Fair |
| May 2024 | Violence and sexual offences | Under investigation | On or near High Fair |
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Lane |