£408,465
This estimated value is based upon the latest sale price for the house of £71,111 on 31 Aug 1995. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £71,111 | 31 Aug 1995 |
| 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 August 1995 the House Price Index for NORTHUMBERLAND was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £71,111 results in an estimated price of approximately £408,465.
| 31 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £71,111 | £337,354 | £408,465 |
The Postcode Pricing Model uses changes in average sales price within the NE47 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 | 416.323 % | £296,051 | £367,162 |
| 3 Month Average | 335.350 % | £238,470 | £309,581 |
| 6 Month Average | 348.461 % | £247,794 | £318,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £407,347 | £400,000 | 1 SOUTH PARK |
| 2 Feb 2023 | £397,656 | £395,000 | LADYCROSS COTTAGE |
| 8 Jun 2022 | £628,433 | £615,000 | PEARTREE COTTAGE COLPITTS GRANGE |
| 24 Mar 2022 | £434,276 | £416,000 | PINECROFT COLPITTS GRANGE |
| 17 Dec 2021 | £507,275 | £470,000 | PARK HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Coal Road | |
| Jun 2024 | Anti-social behaviour | On or near Coal Road |