£359,850
This estimated value is based upon the latest sale price for the house of £249,999 on 27 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£249,999 | 27 Jul 2015 |
£249,995 | 1 Nov 2007 |
£160,000 | 31 Jul 2003 |
Detached |
Leasehold |
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 July 2015 the House Price Index for NORTHUMBERLAND was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £249,999 results in an estimated price of approximately £359,850.
27 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £249,999 | £109,851 | £359,850 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 30.741 % | £76,851 | £326,850 |
3 Month Average | 27.508 % | £68,769 | £318,768 |
6 Month Average | 14.985 % | £37,462 | £287,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £194,993 | £192,500 | 1 CHOLLERFORD MEWS |
11 Sep 2023 | £1,286,449 | £1,270,000 | ROSEDENE HOUSE, 26 CHOLLERFORD MEWS |
1 Sep 2023 | £253,238 | £250,000 | 9 WYLAM AVENUE |
3 Aug 2023 | £396,468 | £393,000 | 9 BLANCHLAND DRIVE |
2 Aug 2023 | £383,354 | £380,000 | 15 HENSHAW GROVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wylam Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bardon Crescent |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bardon Crescent |
Apr 2024 | Public order | Under investigation | On or near Valley Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Blanchland Drive |