£286,075
This estimated value is based upon the latest sale price for the house of £170,000 on 26 Aug 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £170,000 | 26 Aug 2008 |
| £39,000 | 2 Oct 1998 |
| Terraced |
| 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 August 2008 the House Price Index for NORTHUMBERLAND was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £170,000 results in an estimated price of approximately £286,075.
| 26 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £170,000 | £116,075 | £286,075 |
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 | 44.381 % | £75,447 | £245,447 |
| 3 Month Average | 33.975 % | £57,758 | £227,758 |
| 6 Month Average | 48.855 % | £83,053 | £253,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £247,836 | £243,500 | 32 WENTWORTH PARK |
| 8 Nov 2023 | £220,768 | £217,500 | 20 WENTWORTH PARK |
| 20 Sep 2023 | £197,526 | £195,000 | 1 SELAH CLOSE |
| 13 Sep 2023 | £228,927 | £226,000 | 28 WENTWORTH PARK |
| 28 Mar 2023 | £222,092 | £220,000 | 5 SHIELD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shield Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bus/Coach Station |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bus/Coach Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |