£241,310
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Dec 2011 |
| £59,950 | 30 Oct 1996 |
| £57,000 | 29 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 674 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 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £140,000 results in an estimated price of approximately £241,310.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £140,000 | £101,310 | £241,310 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 28.352 % | £39,692 | £179,692 |
| 3 Month Average | 56.185 % | £78,659 | £218,659 |
| 6 Month Average | 40.593 % | £56,830 | £196,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £197,526 | £195,000 | 1 CHARLTON GARDENS |
| 19 Apr 2022 | £216,258 | £210,000 | 2 BAKER WAY |
| 31 Mar 2022 | £41,450 | £40,000 | UNIT 20 COOPIES HAUGH COOPIES LANE |
| 31 Mar 2022 | £41,450 | £40,000 | UNIT 21 COOPIES HAUGH COOPIES LANE |
| 1 Feb 2022 | £256,930 | £245,000 | 2 BROOM CLOSE |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 12 Nov 2010. Using an estimated price of £241,311 means this house is valued at £3,851 per sq meter (£357 per sq foot).
The average size of a house on GREEN LANE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Coopies Way |
| Jan 2024 | Anti-social behaviour | On or near Coopies Way | |
| Jan 2024 | Anti-social behaviour | On or near Coopies Way | |
| Jan 2024 | Anti-social behaviour | On or near Coopies Way | |
| Feb 2024 | Anti-social behaviour | On or near Sleekburn |