£1,284,839
This estimated value is based upon the latest sale price for the house of £563,000 on 30 Sep 2003. 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 Park/Open Space
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| Price Paid | Date |
|---|---|
| £563,000 | 30 Sep 2003 |
| 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 September 2003 the House Price Index for NORTHUMBERLAND was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £563,000 results in an estimated price of approximately £1,284,839.
| 30 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £563,000 | £721,839 | £1,284,839 |
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 | 345.850 % | £1,947,134 | £2,510,134 |
| 3 Month Average | 140.974 % | £793,681 | £1,356,681 |
| 6 Month Average | 141.278 % | £795,393 | £1,358,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £216,897 | £215,000 | 12A WESTLANDS |
| 31 Mar 2023 | £353,329 | £350,000 | CROOKBANK SCHOOL HOUSE |
| 3 Feb 2023 | £169,886 | £170,000 | 16 KERN GREEN |
| 25 Nov 2022 | £469,315 | £475,000 | SHITLINGTON CRAG |
| 21 Nov 2022 | £489,076 | £495,000 | CHARLTON OLD FARM |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Mar 2024 | Public order | Under investigation | On or near Park/Open Space |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park/Open Space |