£203,066
This estimated value is based upon the latest sale price for the house of £59,950 on 20 Jul 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £59,950 | 20 Jul 2001 |
| Semi-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 July 2001 the House Price Index for NORTHUMBERLAND was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £59,950 results in an estimated price of approximately £203,066.
| 20 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £59,950 | £143,116 | £203,066 |
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 | 253.298 % | £151,851 | £211,801 |
| 3 Month Average | 201.964 % | £121,077 | £181,027 |
| 6 Month Average | 174.701 % | £104,733 | £164,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £655,694 | £650,000 | CRACKIN VIEW LANEHEAD |
| 1 Mar 2024 | £111,716 | £110,000 | 17 KERN GREEN |
| 18 Aug 2023 | £875,796 | £860,000 | NEWHOUSES |
| 18 Aug 2023 | £1,018,367 | £1,000,000 | MOSS KENNELS LTD |
| 31 Mar 2023 | £355,944 | £350,000 | CROOKBANK SCHOOL HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |