£496,570
This estimated value is based upon the latest sale price for the house of £395,000 on 22 Dec 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Piper Gate
More crime details
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| Price Paid | Date |
|---|---|
| £395,000 | 22 Dec 2017 |
| £370,000 | 18 Nov 2013 |
| £350,000 | 1 Sep 2010 |
| £329,000 | 4 Feb 2005 |
| £285,000 | 29 Apr 2004 |
| 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 December 2017 the House Price Index for NORTHUMBERLAND was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £395,000 results in an estimated price of approximately £496,570.
| 22 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £395,000 | £101,570 | £496,570 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | 215.601 % | £851,625 | £1,246,625 |
| 3 Month Average | 58.723 % | £231,955 | £626,955 |
| 6 Month Average | 28.573 % | £112,864 | £507,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £630,516 | £625,000 | WOOD COTTAGE |
| 1 Jun 2023 | £156,901 | £155,000 | PORTLAND HOUSE |
| 28 Apr 2023 | £151,633 | £150,000 | HIGH COWDEN FARM COTTAGE |
| 6 Jul 2022 | £365,985 | £365,000 | 1 BRACKEN HILL |
| 16 Feb 2022 | £152,061 | £145,000 | 15 WEST CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Piper Gate |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Back Drive |