£329,273
This estimated value is based upon the latest sale price for the house of £72,000 on 21 Jan 1999. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £72,000 | 21 Jan 1999 |
| £67,000 | 15 Dec 1995 |
| Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 1999 the House Price Index for NORTHUMBERLAND was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £72,000 results in an estimated price of approximately £329,273.
| 21 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £72,000 | £257,273 | £329,273 |
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 | 257.546 % | £185,433 | £257,433 |
| 3 Month Average | 224.167 % | £161,400 | £233,400 |
| 6 Month Average | 201.132 % | £144,814 | £216,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £111,716 | £110,000 | 4 LAVENDER COURT |
| 26 Jun 2023 | £142,863 | £140,000 | 18 LARCHWOOD DRIVE |
| 18 Feb 2022 | £177,485 | £168,000 | 4 LILAC COURT |
| 10 Dec 2021 | £253,637 | £235,000 | 19 KESTREL DRIVE |
| 3 Sep 2021 | £184,547 | £170,000 | 8 LARCHWOOD DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Dec 2018. Using an estimated price of £329,274 means this house is valued at £3,618 per sq meter (£336 per sq foot).
The average size of a house on LAVENDER COURT is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Oct 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Aug 2024 | Anti-social behaviour | On or near Laurel Drive | |
| Aug 2024 | Anti-social behaviour | On or near Laurel Drive | |
| Aug 2024 | Anti-social behaviour | On or near Laurel Drive |