£215,910
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2015 the House Price Index for NORTHUMBERLAND was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £150,000 results in an estimated price of approximately £215,910.
| 15 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £150,000 | £65,910 | £215,910 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -11.264 % | £-16,896 | £133,103 |
| 3 Month Average | 11.461 % | £17,191 | £167,191 |
| 6 Month Average | 17.582 % | £26,372 | £176,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £473,281 | £465,000 | 15 WOODSIDE |
| 6 Nov 2023 | £319,734 | £315,000 | 5 MONKS MEADOWS |
| 1 Feb 2023 | £1,199 | £1,200 | 33 DOTLAND CLOSE |
| 4 Nov 2022 | £271,709 | £275,000 | 19 EDGEWOOD |
| 22 Aug 2022 | £344,074 | £345,000 | 13 MONKS MEADOWS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 Jan 2020. Using an estimated price of £215,911 means this house is valued at £2,957 per sq meter (£274 per sq foot).
The average size of a house on EDGEWOOD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near East Woodlands | |
| Dec 2023 | Anti-social behaviour | On or near East Woodlands | |
| Dec 2023 | Anti-social behaviour | On or near East Woodlands | |
| Dec 2023 | Anti-social behaviour | On or near East Woodlands | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A695 |