£463,888
This estimated value is based upon the latest sale price for the house of £355,000 on 5 Jan 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £355,000 | 5 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 January 2017 the House Price Index for NORTHUMBERLAND was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £355,000 results in an estimated price of approximately £463,888.
| 5 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £355,000 | £108,888 | £463,888 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 28.422 % | £100,896 | £455,896 |
| 3 Month Average | 27.838 % | £98,826 | £453,826 |
| 6 Month Average | 35.173 % | £124,863 | £479,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £304,508 | £300,000 | 7 RUABON CLOSE |
| 15 Sep 2023 | £400,116 | £395,000 | 46 RICHMOND WAY |
| 15 Sep 2023 | £567,253 | £560,000 | 65 RICHMOND WAY |
| 9 Aug 2023 | £499,369 | £495,000 | 1 RUISLIP PLACE |
| 28 Jun 2023 | £582,050 | £575,000 | 6 RIPON CLOSE |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 19 Feb 2013. Using an estimated price of £463,889 means this house is valued at £2,728 per sq meter (£253 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dudley Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Romford Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grindon Close |
| Mar 2024 | Anti-social behaviour | On or near Latton Close | |
| Mar 2024 | Anti-social behaviour | On or near Latton Close |