£361,506
This estimated value is based upon the latest sale price for the house of £222,500 on 28 Nov 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £222,500 | 28 Nov 2013 |
| 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 November 2013 the House Price Index for NORTHUMBERLAND was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £222,500 results in an estimated price of approximately £361,506.
| 28 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £222,500 | £139,006 | £361,506 |
The Postcode Pricing Model uses changes in average sales price within the NE47 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 | 15.921 % | £35,423 | £257,923 |
| 3 Month Average | 9.140 % | £20,337 | £242,837 |
| 6 Month Average | 47.738 % | £106,216 | £328,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £137,029 | £135,000 | 3 HAWTHORN TERRACE |
| 22 Sep 2023 | £268,432 | £265,000 | 6 WESTWOOD COTTAGES |
| 10 Feb 2023 | £108,927 | £109,000 | BASTLE HOUSE |
| 22 Mar 2022 | £181,346 | £175,000 | 5 SPRINGFIELD TERRACE |
| 28 Sep 2021 | £264,010 | £245,000 | LYNNBURN COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Falcon Grange |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |