£284,408
This estimated value is based upon the latest sale price for the house of £265,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £265,000 | 30 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2021 the House Price Index for NORTHUMBERLAND was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £265,000 results in an estimated price of approximately £284,408.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £265,000 | £19,408 | £284,408 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -18.587 % | £-49,255 | £215,744 |
| 3 Month Average | 57.453 % | £152,249 | £417,249 |
| 6 Month Average | 25.390 % | £67,282 | £332,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £85,194 | £84,100 | 14 GREENLAW ROAD |
| 16 Jun 2023 | £186,512 | £185,000 | 46 GRANTHAM PLACE |
| 17 Mar 2023 | £74,402 | £74,000 | 17 GLENLUCE DRIVE |
| 13 Jan 2023 | £198,259 | £200,000 | 2 GOWANBURN |
| 29 Jun 2022 | £101,024 | £100,000 | 25 GILDERDALE WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 29 Mar 2018. Using an estimated price of £284,409 means this house is valued at £3,307 per sq meter (£307 per sq foot).
The average size of a house on GLENLUCE DRIVE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Romford Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grindon Close |
| Mar 2024 | Anti-social behaviour | On or near Greystoke Place | |
| Mar 2024 | Anti-social behaviour | On or near Greystoke Place | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Leyburn Court |