£341,103
This estimated value is based upon the latest sale price for the house of £249,995 on 19 Apr 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £249,995 | 19 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 April 2016 the House Price Index for NORTHUMBERLAND was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £249,995 results in an estimated price of approximately £341,103.
| 19 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £249,995 | £91,108 | £341,103 |
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 | 67.899 % | £169,743 | £419,738 |
| 3 Month Average | 48.568 % | £121,417 | £371,412 |
| 6 Month Average | 33.940 % | £84,847 | £334,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £267,321 | £265,000 | 102 ABBEY MEADOWS |
| 3 Apr 2024 | £378,285 | £375,000 | 24 WESTGATE |
| 18 Dec 2023 | £438,473 | £425,000 | 5 WESTGATE |
| 14 Dec 2023 | £361,096 | £350,000 | 2 RAYNES CLOSE |
| 1 Dec 2023 | £355,937 | £345,000 | 8 PILGRIMS WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Mar 2016. Using an estimated price of £341,104 means this house is valued at £3,411 per sq meter (£316 per sq foot).
The average size of a house on WESTGATE is 151 sq meters (1,629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Woodside | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodside |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Woodside |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Raynes Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Friars Gate |