£325,434
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Mar 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £320,000 | 1 Mar 2023 |
| £280,000 | 28 Jan 2008 |
| £235,000 | 2 Apr 2004 |
| 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 March 2023 the House Price Index for NORTHUMBERLAND was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £320,000 results in an estimated price of approximately £325,434.
| 1 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £320,000 | £5,434 | £325,434 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 4.566 % | £14,610 | £334,610 |
| 3 Month Average | -8.204 % | £-26,251 | £293,748 |
| 6 Month Average | 4.425 % | £14,159 | £334,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £214,734 | £210,000 | 1 WAGTAIL LANE |
| 22 Sep 2023 | £184,057 | £180,000 | 20 LORDENSHAW DRIVE |
| 1 Mar 2023 | £325,435 | £320,000 | 1 LORDENSHAW DRIVE |
| 16 Feb 2023 | £307,051 | £305,000 | 1 TOLLGATE ROAD |
| 21 Oct 2022 | £423,585 | £425,000 | 20 CHARLETON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Wagtail Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wagtail Lane | |
| Sep 2024 | Anti-social behaviour | On or near Murray Gardens | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wagtail Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tollgate Crescent |