£392,099
This estimated value is based upon the latest sale price for the house of £230,000 on 6 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 6 Nov 2012 |
| £165,000 | 17 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2012 the House Price Index for NORTHUMBERLAND was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £230,000 results in an estimated price of approximately £392,099.
| 6 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £230,000 | £162,099 | £392,099 |
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 | 5.671 % | £13,044 | £243,044 |
| 3 Month Average | 20.585 % | £47,345 | £277,345 |
| 6 Month Average | 16.322 % | £37,539 | £267,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £180,548 | £175,000 | 17 THE PASTURES |
| 1 Nov 2023 | £338,595 | £330,000 | 9 WEST HILL |
| 1 Sep 2023 | £311,875 | £305,000 | 11 THE PASTURES |
| 18 Aug 2023 | £244,408 | £240,000 | 33 DOWNING DRIVE |
| 9 Sep 2022 | £285,809 | £286,000 | 19 THE PASTURES |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 3 Sep 2012. Using an estimated price of £392,100 means this house is valued at £3,136 per sq meter (£291 per sq foot).
The average size of a house on THE PASTURES is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfield |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Downing Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Downing Drive |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Falcon Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Highmoor |