£156,263
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 Apr 2017 |
| £41,000 | 21 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £120,000 results in an estimated price of approximately £156,263.
| 3 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £120,000 | £36,263 | £156,263 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 106.095 % | £127,313 | £247,313 |
| 3 Month Average | 40.979 % | £49,174 | £169,174 |
| 6 Month Average | 31.346 % | £37,614 | £157,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £103,170 | £100,000 | 128 DRURIDGE DRIVE |
| 3 Nov 2023 | £176,480 | £172,000 | 7 PECKET CLOSE |
| 1 Sep 2023 | £95,608 | £93,500 | 7 WHITTON AVENUE |
| 17 Aug 2023 | £160,902 | £158,000 | 6 STANTON AVENUE |
| 14 Aug 2023 | £58,556 | £57,500 | 5 CHIRTON GREEN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Mar 2017. Using an estimated price of £156,263 means this house is valued at £2,083 per sq meter (£193 per sq foot).
The average size of a house on DRURIDGE CRESCENT is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Jul 2024 | Anti-social behaviour | On or near Pecket Close |