£698,500
This estimated value is based upon the latest sale price for the house of £550,000 on 28 Nov 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £550,000 | 28 Nov 2017 |
| £240,000 | 7 Aug 2001 |
| 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 November 2017 the House Price Index for NORTHUMBERLAND was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £550,000 results in an estimated price of approximately £698,500.
| 28 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £550,000 | £148,500 | £698,500 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 48.327 % | £265,799 | £815,799 |
| 3 Month Average | 14.069 % | £77,377 | £627,377 |
| 6 Month Average | -5.292 % | £-29,105 | £520,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £75,000 | £75,000 | 4 WEALLEANS CLOSE |
| 22 May 2024 | £130,000 | £130,000 | 134 BARNSTON |
| 12 Apr 2024 | £277,409 | £275,000 | 2 SOUTH RIDGE |
| 18 Oct 2023 | £71,627 | £70,000 | 132 BARNSTON |
| 21 Aug 2023 | £405,310 | £398,000 | 1 THE HOLLOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near A189 | |
| Aug 2024 | Other crime | Awaiting court outcome | On or near A189 |
| Jul 2024 | Anti-social behaviour | On or near A189 | |
| Jul 2024 | Anti-social behaviour | On or near A189 | |
| Jul 2024 | Anti-social behaviour | On or near A189 |