£338,179
This estimated value is based upon the latest sale price for the house of £230,000 on 28 May 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 May 2015 |
| £215,000 | 28 Jun 2013 |
| Terraced |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 May 2015 the House Price Index for NORTHUMBERLAND was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £230,000 results in an estimated price of approximately £338,179.
| 28 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £230,000 | £108,179 | £338,179 |
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 | 63.185 % | £145,324 | £375,324 |
| 3 Month Average | 38.045 % | £87,504 | £317,504 |
| 6 Month Average | 27.505 % | £63,260 | £293,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 11 LOANSDEAN WOOD |
| 17 Nov 2023 | £410,418 | £400,000 | 30 KENDOR GROVE |
| 14 Sep 2023 | £240,297 | £235,000 | 37 LOANSDEAN WOOD |
| 11 Aug 2023 | £412,704 | £405,260 | 31 KENDOR GROVE |
| 5 Sep 2022 | £194,870 | £195,000 | ALDER HOUSE LOANSDEAN WOOD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 9 Nov 2012. Using an estimated price of £338,179 means this house is valued at £2,749 per sq meter (£255 per sq foot).
The average size of a house on LOANSDEAN WOOD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Loansdean Wood | |
| Sep 2024 | Anti-social behaviour | On or near Loansdean Wood | |
| Sep 2024 | Other theft | Under investigation | On or near Loansdean Wood |
| Sep 2024 | Anti-social behaviour | On or near Loansdean Wood | |
| Sep 2024 | Anti-social behaviour | On or near Loansdean Wood |