£227,747
This estimated value is based upon the latest sale price for the house of £195,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £195,000 | 27 Nov 2020 |
| £164,000 | 1 Nov 2017 |
| £139,950 | 30 Apr 2003 |
| £92,955 | 26 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £195,000 results in an estimated price of approximately £227,747.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £195,000 | £32,747 | £227,747 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 6.866 % | £13,389 | £208,389 |
| 3 Month Average | 42.825 % | £83,508 | £278,508 |
| 6 Month Average | 11.375 % | £22,181 | £217,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £355,944 | £350,000 | 7 HEATHER LEA LANE |
| 13 Sep 2022 | £259,826 | £260,000 | 1 HEATHER LEA LANE |
| 16 Jun 2022 | £275,898 | £270,000 | 12 TILLEY CRESCENT |
| 26 Nov 2021 | £256,037 | £235,000 | 8 TILLEY CRESCENT |
| 5 Nov 2021 | £544,760 | £500,000 | 6 BROOMHOUSE FARM COURT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Sep 2013. Using an estimated price of £227,747 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on CROSS STREET is 112 sq meters (1,212 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Umfraville Dene | |
| Apr 2024 | Anti-social behaviour | On or near Umfraville Dene | |
| Apr 2024 | Anti-social behaviour | On or near Umfraville Dene | |
| Apr 2024 | Anti-social behaviour | On or near Umfraville Dene | |
| May 2024 | Anti-social behaviour | On or near Farmwell Place |