£333,380
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Mar 2016 |
| £115,000 | 15 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 804 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 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £245,000 results in an estimated price of approximately £333,380.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £245,000 | £88,380 | £333,380 |
The Postcode Pricing Model uses changes in average sales price within the NE68 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 | 14.669 % | £35,939 | £280,939 |
| 3 Month Average | 16.085 % | £39,408 | £284,408 |
| 6 Month Average | 33.295 % | £81,573 | £326,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £366,180 | £363,000 | 9 SOUTH LANE |
| 8 Nov 2023 | £569,455 | £555,000 | 2 BRINDLES MANSE |
| 3 Nov 2023 | £232,656 | £226,750 | 12 ISLESTONE DRIVE |
| 21 Aug 2023 | £319,258 | £313,500 | 4 ISLESTONE DRIVE |
| 19 Jun 2023 | £479,611 | £470,000 | 6 ISLESTONE DRIVE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 2 Feb 2009. Using an estimated price of £333,380 means this house is valued at £4,458 per sq meter (£414 per sq foot).
The average size of a house on ISLESTONE DRIVE is 127 sq meters (1,376 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Osborne Terrace |
| Sep 2024 | Public order | Under investigation | On or near Osborne Gardens |
| Jul 2024 | Anti-social behaviour | On or near Osborne Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Osborne Gardens | |
| Jul 2024 | Anti-social behaviour | On or near Osborne Gardens |