£405,628
This estimated value is based upon the latest sale price for the house of £397,500 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £397,500 | 16 Jun 2023 |
| £144,000 | 7 Sep 2001 |
| Detached |
| Freehold |
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 June 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £397,500 results in an estimated price of approximately £405,628.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £397,500 | £8,128 | £405,628 |
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 | -3.767 % | £-14,972 | £382,527 |
| 3 Month Average | 26.230 % | £104,263 | £501,763 |
| 6 Month Average | 20.546 % | £81,669 | £479,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £300,418 | £295,000 | 16 MEADOW GRANGE |
| 16 Jun 2023 | £405,629 | £397,500 | 11 MEADOW GRANGE |
| 2 Mar 2023 | £345,774 | £340,000 | 7 MEADOW GRANGE |
| 21 Feb 2023 | £417,791 | £415,000 | 28 MEADOW GRANGE |
| 30 Jan 2023 | £300,804 | £300,000 | 7 DOUGLAS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Douglas Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Douglas Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Douglas Close |
| Aug 2024 | Anti-social behaviour | On or near The Meadows | |
| Aug 2024 | Anti-social behaviour | On or near The Meadows |