£328,382
This estimated value is based upon the latest sale price for the house of £189,950 on 21 Oct 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £189,950 | 21 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 October 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £189,950 results in an estimated price of approximately £328,382.
| 21 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £189,950 | £138,432 | £328,382 |
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 | -18.119 % | £-34,417 | £155,532 |
| 3 Month Average | -12.753 % | £-24,223 | £165,726 |
| 6 Month Average | 22.545 % | £42,824 | £232,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £227,449 | £225,000 | 49 BLACKDENE |
| 9 Aug 2022 | £423,859 | £425,000 | 12 WEST PASTURES |
| 28 Jan 2022 | £206,272 | £196,000 | 22 CORNFORTH CLOSE |
| 5 Nov 2021 | £256,860 | £237,500 | 10 BLACKDENE |
| 1 Nov 2021 | £270,378 | £250,000 | 3 BLACKDENE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 8 Mar 2016. Using an estimated price of £328,382 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on BLACKDENE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Blackdene |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornforth Close |
| Mar 2024 | Public order | Under investigation | On or near Oatfield Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oatfield Close |
| Feb 2024 | Other theft | Under investigation | On or near Oatfield Close |