£242,648
This estimated value is based upon the latest sale price for the house of £242,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £242,000 | 20 Jan 2023 |
| £154,500 | 11 Jun 2010 |
| Detached |
| Leasehold |
| Floor Area: 76 sq meters or 827 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 January 2023 the House Price Index for NORTHUMBERLAND was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £242,000 results in an estimated price of approximately £242,648.
| 20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £242,000 | £648 | £242,648 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -15.802 % | £-38,241 | £203,758 |
| 3 Month Average | -18.522 % | £-44,823 | £197,176 |
| 6 Month Average | -10.326 % | £-24,988 | £217,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £249,500 | £249,500 | 2 HARELAW DRIVE |
| 19 Apr 2024 | £302,628 | £300,000 | 9 CHAFFINCH COURT |
| 7 Dec 2023 | £235,228 | £228,000 | 2 CHAFFINCH COURT |
| 20 Jan 2023 | £190,459 | £189,950 | 11 CHAFFINCH COURT |
| 20 Jan 2023 | £242,648 | £242,000 | 11 FALCON COURT |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 19 Sep 2009. Using an estimated price of £242,648 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on FALCON COURT is 129 sq meters (1,390 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Cranemarsh Close | |
| Oct 2024 | Anti-social behaviour | On or near Speedwell Court | |
| Oct 2024 | Anti-social behaviour | On or near Speedwell Court | |
| Oct 2024 | Anti-social behaviour | On or near Blackthorn Way | |
| Oct 2024 | Anti-social behaviour | On or near Blackthorn Way |