£112,040
This estimated value is based upon the latest sale price for the house of £105,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £105,000 | 1 Dec 2021 |
| £97,000 | 5 Apr 2007 |
| £70,000 | 24 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £105,000 results in an estimated price of approximately £112,040.
| 1 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £105,000 | £7,040 | £112,040 |
The Postcode Pricing Model uses changes in average sales price within the NE70 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 | 839.502 % | £881,476 | £986,476 |
| 3 Month Average | 553.407 % | £581,077 | £686,077 |
| 6 Month Average | 12.449 % | £13,071 | £118,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £127,030 | £126,000 | 50 DINNINGSIDE |
| 26 Aug 2022 | £198,658 | £200,000 | 1 NURSERY LANE |
| 29 Jul 2022 | £124,831 | £125,000 | 40 DINNINGSIDE |
| 22 Jul 2022 | £345,533 | £346,000 | 15 CROFT WAY |
| 14 Dec 2021 | £250,757 | £235,000 | 4 CROFT WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Apr 2014. Using an estimated price of £112,040 means this house is valued at £1,418 per sq meter (£131 per sq foot).
The average size of a house on CROFTFIELD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadowgarth |
| Apr 2024 | Drugs | Under investigation | On or near Coronation Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Coronation Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Crescent |