£452,480
This estimated value is based upon the latest sale price for the house of £365,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £365,000 | 16 Aug 2019 |
| 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 August 2019 the House Price Index for NORTHUMBERLAND was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £365,000 results in an estimated price of approximately £452,480.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £365,000 | £87,480 | £452,480 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 90.542 % | £330,479 | £695,479 |
| 3 Month Average | 39.209 % | £143,114 | £508,114 |
| 6 Month Average | 26.185 % | £95,575 | £460,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £488,816 | £480,000 | 35 SHEPHERDS COTE DRIVE |
| 31 Mar 2022 | £162,854 | £156,000 | 60B STATION ROAD |
| 24 Mar 2022 | £448,891 | £430,000 | 56B STATION ROAD |
| 21 Mar 2022 | £548,065 | £525,000 | THE GROVE, 60A STATION ROAD |
| 4 Mar 2022 | £737,226 | £706,200 | NORTH BARN MOOR FARM STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stannington Station Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Park Drive |
| Sep 2024 | Other theft | Under investigation | On or near Furrow Grove |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Furrow Grove |