£251,616
This estimated value is based upon the latest sale price for the house of £247,500 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £247,500 | 25 Apr 2022 |
| Detached |
| Freehold |
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 2022 the House Price Index for NORTHUMBERLAND was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £247,500 results in an estimated price of approximately £251,616.
| 25 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £247,500 | £4,116 | £251,616 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 4.163 % | £10,303 | £257,803 |
| 3 Month Average | 10.403 % | £25,746 | £273,246 |
| 6 Month Average | 3.096 % | £7,663 | £255,163 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Broom Wood Court |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broom Wood Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Shaw |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Eltringham Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near West Road |