£173,783
This estimated value is based upon the latest sale price for the house of £38,000 on 20 Jan 1999. 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 Cherry Tree Drive
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| Price Paid | Date |
|---|---|
| £38,000 | 20 Jan 1999 |
| £40,000 | 7 Nov 1997 |
| Semi-Detached |
| Leasehold |
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 January 1999 the House Price Index for NORTHUMBERLAND was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £38,000 results in an estimated price of approximately £173,783.
| 20 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £38,000 | £135,783 | £173,783 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 344.652 % | £130,967 | £168,967 |
| 3 Month Average | 179.790 % | £68,320 | £106,320 |
| 6 Month Average | 143.261 % | £54,439 | £92,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £208,199 | £205,000 | 39 ROWAN CLOSE |
| 22 Mar 2024 | £233,589 | £230,000 | 2 THORNTREE DRIVE |
| 4 Aug 2023 | £239,316 | £235,000 | 16 COURT ROAD |
| 24 Feb 2023 | £130,874 | £130,000 | 2 ROWAN CLOSE |
| 27 Jan 2023 | £195,522 | £195,000 | 31 HASSOP WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Tree Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Hassop Way |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hassop Way |
| Jun 2024 | Anti-social behaviour | On or near Fountain Close | |
| Jun 2024 | Anti-social behaviour | On or near Fountain Close |