£299,241
This estimated value is based upon the latest sale price for the house of £232,995 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £232,995 | 21 Jul 2017 |
| Semi-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 July 2017 the House Price Index for NORTHUMBERLAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £232,995 results in an estimated price of approximately £299,241.
| 21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £232,995 | £66,246 | £299,241 |
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 | 83.736 % | £195,100 | £428,095 |
| 3 Month Average | 40.777 % | £95,007 | £328,002 |
| 6 Month Average | 21.176 % | £49,339 | £282,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £255,862 | £248,000 | 11 PRESTON SQUARE |
| 11 Dec 2023 | £371,413 | £360,000 | 3 TRIUMPH GREEN |
| 25 Aug 2023 | £407,347 | £400,000 | 4 CALDBURNE DRIVE |
| 24 Feb 2023 | £382,555 | £380,000 | 16 CALDBURNE DRIVE |
| 27 Oct 2022 | £274,085 | £275,000 | 17 SHANNON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Mermaid Close |
| Jul 2024 | Anti-social behaviour | On or near Mermaid Close | |
| Jul 2024 | Anti-social behaviour | On or near Mermaid Close | |
| Jul 2024 | Anti-social behaviour | On or near Mermaid Close | |
| Jul 2024 | Anti-social behaviour | On or near Mermaid Close |