£313,950
This estimated value is based upon the latest sale price for the house of £252,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £252,000 | 12 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 April 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £252,000 results in an estimated price of approximately £313,950.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £252,000 | £61,950 | £313,950 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 77.624 % | £195,611 | £447,611 |
| 3 Month Average | 44.057 % | £111,023 | £363,023 |
| 6 Month Average | 30.603 % | £77,119 | £329,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £337,935 | £335,000 | 35 CORNHILL ROAD |
| 6 Dec 2023 | £172,294 | £167,000 | 8 STANLEY CLOSE |
| 28 Apr 2023 | £236,422 | £232,000 | 17 CORNWALL AVENUE |
| 24 Aug 2022 | £498,079 | £495,750 | PARKSIDE, 39 CORNHILL ROAD |
| 28 Jul 2022 | £333,340 | £330,000 | 17 THORNTON GATE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 28 Dec 2018. Using an estimated price of £313,950 means this house is valued at £2,906 per sq meter (£270 per sq foot).
The average size of a house on THORNTON GATE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Sep 2024 | Other theft | Under investigation | On or near Lomax Court |