£72,017
This estimated value is based upon the latest sale price for the house of £71,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £71,000 | 24 Jun 2022 |
| Terraced |
| 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 June 2022 the House Price Index for NORTHUMBERLAND was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £71,000 results in an estimated price of approximately £72,017.
| 24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £71,000 | £1,017 | £72,017 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 33.733 % | £23,950 | £94,950 |
| 3 Month Average | -8.283 % | £-5,880 | £65,119 |
| 6 Month Average | 21.630 % | £15,357 | £86,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £141,910 | £140,000 | 1 HAWTHORN ROAD |
| 27 Apr 2023 | £70,762 | £70,000 | 39 HAWTHORN ROAD |
| 31 Mar 2023 | £74,704 | £74,000 | 4 CHESTNUT STREET |
| 17 Mar 2023 | £201,902 | £200,000 | 18 WOODHORN ROAD |
| 23 Nov 2022 | £177,846 | £180,000 | 4 VIEWLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Reiverdale Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reiverdale Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reiverdale Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Reiverdale Road |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Reiverdale Road |