£342,940
This estimated value is based upon the latest sale price for the house of £197,500 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £197,500 | 15 Dec 2011 |
| £182,000 | 28 May 2010 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,106 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 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £197,500 results in an estimated price of approximately £342,940.
| 15 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £197,500 | £145,440 | £342,940 |
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 | 42.787 % | £84,503 | £282,003 |
| 3 Month Average | 60.561 % | £119,608 | £317,108 |
| 6 Month Average | 46.896 % | £92,618 | £290,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £185,000 | £185,000 | 31 ST AIDANS CRESCENT |
| 29 May 2024 | £242,500 | £242,500 | 8 GRANGE ROAD |
| 2 Jun 2023 | £272,970 | £267,500 | 4 WHITEACRES |
| 14 Jan 2022 | £180,234 | £170,000 | 1 LINDISFARNE LANE |
| 17 Dec 2021 | £258,494 | £239,500 | 32 WHITEACRES |
This house has a floor area of 102 sq meters or 1,106 sq feet when measured on 28 Mar 2011. Using an estimated price of £342,941 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on WHITEACRES is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosemount |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosemount |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Rosemount |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosemount |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nursery Mews |