£310,346
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Nov 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £250,000 | 1 Nov 2018 |
| £108,000 | 2 Nov 2001 |
| £94,450 | 12 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 November 2018 the House Price Index for NORTHUMBERLAND was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £250,000 results in an estimated price of approximately £310,346.
| 1 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £250,000 | £60,346 | £310,346 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 9.847 % | £24,617 | £274,617 |
| 3 Month Average | 12.343 % | £30,856 | £280,856 |
| 6 Month Average | 6.944 % | £17,360 | £267,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £288,868 | £282,500 | 4 CONWAY CLOSE |
| 20 Sep 2023 | £117,592 | £115,000 | 14 LINK AVENUE |
| 19 Apr 2023 | £346,481 | £340,000 | 15 CONWAY CLOSE |
| 30 May 2022 | £351,405 | £342,250 | 3 CONWAY CLOSE |
| 21 Mar 2022 | £172,249 | £165,000 | 27 DOVER CLOSE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 4 Jul 2018. Using an estimated price of £310,347 means this house is valued at £2,082 per sq meter (£193 per sq foot).
The average size of a house on CONWAY CLOSE is 154 sq meters (1,657 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Conway Close |
| Jul 2024 | Public order | Under investigation | On or near Conway Close |
| Jul 2024 | Other crime | Under investigation | On or near Dover Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dover Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Link Avenue |