£161,405
This estimated value is based upon the latest sale price for the house of £93,458 on 27 May 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £93,458 | 27 May 2011 |
| Flats/Maisonettes |
| 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 May 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £93,458 results in an estimated price of approximately £161,405.
| 27 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £93,458 | £67,947 | £161,405 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 38.855 % | £36,312 | £129,770 |
| 3 Month Average | 23.914 % | £22,349 | £115,807 |
| 6 Month Average | 22.044 % | £20,601 | £114,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £187,780 | £185,000 | 14 MORTIMER TERRACE |
| 26 Sep 2023 | £308,950 | £305,000 | 86 TILLMOUTH AVENUE |
| 1 Sep 2023 | £253,238 | £250,000 | 9 WYLAM AVENUE |
| 30 Aug 2023 | £121,059 | £120,000 | 24 LAUREL TERRACE |
| 3 Aug 2023 | £396,468 | £393,000 | 9 BLANCHLAND DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bardon Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bardon Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wylam Avenue |