£26,174
This estimated value is based upon the latest sale price for the house of £26,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £26,000 | 2 Feb 2023 |
| £29,000 | 21 Nov 2016 |
| £35,000 | 21 May 2004 |
| £19,000 | 22 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 February 2023 the House Price Index for NORTHUMBERLAND was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £26,000 results in an estimated price of approximately £26,174.
| 2 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £26,000 | £174 | £26,174 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | -44.231 % | £-11,500 | £14,499 |
| 3 Month Average | -2.144 % | £-557 | £25,442 |
| 6 Month Average | -23.695 % | £-6,160 | £19,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £33,014 | £32,000 | 146 WOODHORN DRIVE |
| 18 Dec 2023 | £182,611 | £177,000 | 30 WANSBECK AVENUE |
| 22 Sep 2023 | £105,833 | £103,500 | 45 WOODHORN DRIVE |
| 4 Aug 2023 | £179,233 | £176,000 | 110 ASHINGTON DRIVE |
| 2 Aug 2023 | £188,398 | £185,000 | 17 WANSBECK AVENUE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Sep 2020. Using an estimated price of £26,175 means this house is valued at £608 per sq meter (£56 per sq foot).
The average size of a house on WOODHORN DRIVE is 56 sq meters (610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodhorn Drive |
| Aug 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Aug 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Aug 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Oct 2024 | Burglary | Under investigation | On or near Meldon Gardens |