£247,169
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £200,000 | 20 Dec 2019 |
| £147,000 | 13 Jun 2003 |
| £147,000 | 13 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 December 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £200,000 results in an estimated price of approximately £247,169.
| 20 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £200,000 | £47,169 | £247,169 |
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 | 14.495 % | £28,990 | £228,990 |
| 3 Month Average | 17.768 % | £35,536 | £235,536 |
| 6 Month Average | 11.318 % | £22,636 | £222,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £174,428 | £170,000 | 49 GRANTHAM PLACE |
| 17 Nov 2023 | £86,290 | £84,100 | 14 GREENLAW ROAD |
| 10 Nov 2023 | £194,949 | £190,000 | 14 GREY AVENUE |
| 21 Sep 2023 | £224,959 | £220,000 | 9 GLENLUCE DRIVE |
| 16 Jun 2023 | £188,783 | £185,000 | 46 GRANTHAM PLACE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 Aug 2018. Using an estimated price of £247,169 means this house is valued at £2,226 per sq meter (£206 per sq foot).
There is one other house on the street which we know the size of, this is 2 GROSVENOR CLOSE it is 102.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Garforth Close |
| Jul 2024 | Anti-social behaviour | On or near Gowanburn | |
| Jul 2024 | Public order | Under investigation | On or near Ganton Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ganton Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ganton Avenue |