£682,889
This estimated value is based upon the latest sale price for the house of £595,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £595,000 | 9 Dec 2020 |
| £385,000 | 23 Nov 2006 |
| 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 2020 the House Price Index for NORTHUMBERLAND was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £595,000 results in an estimated price of approximately £682,889.
| 9 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £595,000 | £87,889 | £682,889 |
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 | 43.412 % | £258,303 | £853,303 |
| 3 Month Average | 26.348 % | £156,771 | £751,771 |
| 6 Month Average | 35.391 % | £210,578 | £805,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £117,500 | £117,500 | 43 LANGLEY GARDENS |
| 1 Dec 2023 | £183,714 | £180,500 | 8 HORDLEY ACRES |
| 22 Nov 2023 | £177,630 | £175,000 | 28 GREENWICH GARDENS |
| 12 Sep 2023 | £546,994 | £540,000 | HEUGH HOUSE WEST HEUGH HOUSE LANE |
| 23 Jun 2023 | £253,065 | £250,000 | FELL HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near North Bank |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Bank |
| Mar 2024 | Anti-social behaviour | On or near North Bank | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Bank |
| Mar 2024 | Anti-social behaviour | On or near North Bank |