£129,489
This estimated value is based upon the latest sale price for the house of £127,500 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £127,500 | 1 Mar 2024 |
| £90,000 | 30 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 783 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 March 2024 the House Price Index for NORTHUMBERLAND was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £127,500 results in an estimated price of approximately £129,489.
| 1 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £127,500 | £1,989 | £129,489 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 6.642 % | £8,468 | £135,968 |
| 3 Month Average | 29.202 % | £37,232 | £164,732 |
| 6 Month Average | 14.168 % | £18,063 | £145,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £117,500 | £117,500 | 16 OGLE DRIVE |
| 1 Mar 2024 | £129,489 | £127,500 | 14 NORHAM CLOSE |
| 27 Oct 2023 | £107,440 | £105,000 | 15 HEPPLE COURT |
| 25 Aug 2023 | £117,112 | £115,000 | 32 BUDLE CLOSE |
| 31 Mar 2023 | £116,546 | £114,600 | 10 NORHAM CLOSE |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 28 Jul 2009. Using an estimated price of £129,489 means this house is valued at £1,778 per sq meter (£165 per sq foot).
The average size of a house on NORHAM CLOSE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Thropton Court |
| Sep 2024 | Public order | Under investigation | On or near Thropton Court |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thropton Court |
| Aug 2024 | Anti-social behaviour | On or near Thropton Court | |
| Aug 2024 | Anti-social behaviour | On or near Thropton Court |