£184,835
This estimated value is based upon the latest sale price for the house of £150,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Percy Drive
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| Price Paid | Date |
|---|---|
| £150,000 | 29 May 2020 |
| £47,000 | 9 Dec 1999 |
| Semi-Detached |
| Freehold |
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 May 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £150,000 results in an estimated price of approximately £184,835.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £150,000 | £34,835 | £184,835 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 42.045 % | £63,067 | £213,067 |
| 3 Month Average | 38.183 % | £57,275 | £207,275 |
| 6 Month Average | 38.382 % | £57,573 | £207,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £177,731 | £175,000 | 53 PRIORY PARK |
| 27 Sep 2023 | £134,975 | £132,000 | 44 PRIORY PARK |
| 22 Jun 2023 | £271,440 | £266,000 | 9 SOUTHMEAD |
| 13 Jun 2023 | £229,601 | £225,000 | 41 PRIORY PARK |
| 14 Mar 2023 | £177,972 | £175,000 | 12 PRIORY PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Offender given a caution | On or near Percy Drive |
| Sep 2024 | Anti-social behaviour | On or near Percy Drive | |
| Sep 2024 | Anti-social behaviour | On or near Percy Drive | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Percy Drive |
| Jul 2024 | Other theft | Under investigation | On or near Percy Drive |