£678,556
This estimated value is based upon the latest sale price for the house of £650,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £650,000 | 30 Mar 2022 |
| £395,000 | 15 Jul 2013 |
| £418,000 | 24 Oct 2007 |
| £218,000 | 10 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2022 the House Price Index for NORTHUMBERLAND was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £650,000 results in an estimated price of approximately £678,556.
| 30 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £650,000 | £28,556 | £678,556 |
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 | 8.001 % | £52,004 | £702,004 |
| 3 Month Average | 27.285 % | £177,350 | £827,350 |
| 6 Month Average | 32.104 % | £208,674 | £858,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £464,030 | £460,000 | BOLLAND HOUSE BULLERS GREEN |
| 25 Mar 2024 | £164,528 | £162,000 | 122 NEWGATE STREET |
| 20 Sep 2023 | £358,912 | £351,000 | 18 COTTINGWOOD GARDENS |
| 24 Aug 2023 | £234,224 | £230,000 | FLAT 13 42A BULLERS GREEN |
| 19 Jun 2023 | £489,816 | £480,000 | WEST COTTINGWOOD COTTAGE COTTINGWOOD LANE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 22 Jul 2021. Using an estimated price of £678,556 means this house is valued at £3,728 per sq meter (£346 per sq foot).
The average size of a house on COTTINGVALE is 235 sq meters (2,531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottingvale |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bullers Green |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bullers Green |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bullers Green |
| Jun 2024 | Anti-social behaviour | On or near Bullers Green |