£97,777
This estimated value is based upon the latest sale price for the house of £87,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £87,000 | 31 Aug 2021 |
| £80,000 | 29 Aug 2008 |
| £38,000 | 21 Sep 2001 |
| £29,950 | 7 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 37 sq meters or 398 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 August 2021 the House Price Index for NORTHUMBERLAND was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £87,000 results in an estimated price of approximately £97,777.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £87,000 | £10,777 | £97,777 |
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 | 36.996 % | £32,186 | £119,186 |
| 3 Month Average | 3.469 % | £3,018 | £90,018 |
| 6 Month Average | 3.217 % | £2,798 | £89,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £361,029 | £355,000 | 20 KINGSWELL |
| 14 Feb 2023 | £93,122 | £92,500 | 19 WILLOW CLOSE |
| 22 Apr 2022 | £191,923 | £185,000 | 12 ORAM CLOSE |
| 20 Apr 2022 | £99,593 | £96,000 | 10 WILLOW CLOSE |
| 30 Nov 2021 | £185,218 | £170,000 | 8 GLADSTONE STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 7 Feb 2019. Using an estimated price of £97,777 means this house is valued at £2,642 per sq meter (£245 per sq foot).
The average size of a house on WILLOW CLOSE is 46 sq meters (497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Sixth Avenue |
| Aug 2024 | Anti-social behaviour | On or near Sixth Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Sixth Avenue |