£129,812
This estimated value is based upon the latest sale price for the house of £97,500 on 1 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £97,500 | 1 Aug 2016 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 August 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £97,500 results in an estimated price of approximately £129,812.
| 1 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £97,500 | £32,312 | £129,812 |
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 | -21.968 % | £-21,418 | £76,081 |
| 3 Month Average | 0.817 % | £796 | £98,296 |
| 6 Month Average | 21.281 % | £20,749 | £118,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £113,997 | £113,000 | 31 HARWOOD CLOSE |
| 27 Apr 2023 | £123,833 | £122,500 | 1 HEBRON WAY |
| 31 Mar 2023 | £191,807 | £190,000 | 25 MAINSTONE CLOSE |
| 26 Jan 2023 | £94,555 | £95,000 | 18 HARWOOD CLOSE |
| 5 Aug 2022 | £189,490 | £190,000 | 21 MAINSTONE CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jun 2016. Using an estimated price of £129,812 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on HERDLAW is 109 sq meters (1,183 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mainstone Close |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Mainstone Close |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Mainstone Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Mainstone Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mainstone Close |