£397,968
This estimated value is based upon the latest sale price for the house of £70,000 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £70,000 | 29 Mar 1996 |
| 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 March 1996 the House Price Index for NORTHUMBERLAND was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 468.526%.Applying this 468.526% change to the original purchase price of £70,000 results in an estimated price of approximately £397,968.
| 29 Mar 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 468.526 % | £70,000 | £327,968 | £397,968 |
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 | 260.909 % | £182,636 | £252,636 |
| 3 Month Average | 337.989 % | £236,592 | £306,592 |
| 6 Month Average | 248.449 % | £173,914 | £243,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £362,500 | £362,500 | 24 VICTORIA ROAD |
| 26 Apr 2024 | £393,416 | £390,000 | 13 MAGDALENE COURT |
| 15 Apr 2024 | £207,300 | £205,500 | 4 FENTON DRIVE |
| 15 Dec 2023 | £180,548 | £175,000 | 1 QUEENS ROAD |
| 9 Oct 2023 | £306,972 | £300,000 | 14 RYECROFT PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| May 2024 | Anti-social behaviour | On or near B6525 |