£229,428
This estimated value is based upon the latest sale price for the house of £182,500 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£182,500 | 1 Dec 2017 |
£154,000 | 14 Nov 2003 |
Detached |
Freehold |
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 December 2017 the House Price Index for NORTHUMBERLAND was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £182,500 results in an estimated price of approximately £229,428.
1 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £182,500 | £46,928 | £229,428 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 64.364 % | £117,464 | £299,964 |
3 Month Average | 2.185 % | £3,988 | £186,488 |
6 Month Average | 22.244 % | £40,594 | £223,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £203,562 | £200,000 | 28 CHATSWORTH DRIVE |
14 Apr 2023 | £260,303 | £257,500 | 10 BELSAY GROVE |
12 Jan 2023 | £266,743 | £268,000 | 37 CHATSWORTH DRIVE |
20 May 2022 | £290,473 | £285,000 | 12 CHATSWORTH DRIVE |
29 Apr 2022 | £252,301 | £245,000 | 32 BELSAY GROVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 28 Jun 2017. Using an estimated price of £229,428 means this house is valued at £2,227 per sq meter (£206 per sq foot).
The average size of a house on CHATSWORTH DRIVE is 126 sq meters (1,359 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cragside Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cragside Gardens |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Belsay Grove |
Jan 2024 | Bicycle theft | Under investigation | On or near Newby Close |
Jan 2024 | Anti-social behaviour | On or near Wynyard Drive |