£166,229
This estimated value is based upon the latest sale price for the house of £137,000 on 18 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £137,000 | 18 Mar 2020 |
| £135,000 | 16 Nov 2007 |
| £46,000 | 2 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £137,000 results in an estimated price of approximately £166,229.
| 18 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £137,000 | £29,229 | £166,229 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -51.974 % | £-71,204 | £65,795 |
| 3 Month Average | 17.548 % | £24,041 | £161,041 |
| 6 Month Average | 14.719 % | £20,165 | £157,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Aug 2024 | £375,000 | £375,000 | 11 MOOR ROAD |
| 22 Mar 2024 | £123,904 | £122,000 | 2 OAKTREE TERRACE |
| 24 Nov 2023 | £137,490 | £134,000 | 3 TARSET DRIVE |
| 23 Nov 2023 | £307,814 | £300,000 | 36 MOOR ROAD |
| 6 May 2022 | £110,889 | £108,000 | 21 HILLCREST |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Jan 2015. Using an estimated price of £166,229 means this house is valued at £1,955 per sq meter (£181 per sq foot).
There is one other house on the street which we know the size of, this is 3 BRITISH LEGION HOUSES it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Drawback |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Drawback |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillcrest Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Oct 2024 | Public order | Under investigation | On or near Orchard Close |