£84,186
This estimated value is based upon the latest sale price for the house of £78,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £78,000 | 1 Dec 2021 |
| £92,000 | 27 Apr 2007 |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 December 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £78,000 results in an estimated price of approximately £84,186.
| 1 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £78,000 | £6,186 | £84,186 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 0.162 % | £126 | £78,126 |
| 3 Month Average | 44.513 % | £34,719 | £112,719 |
| 6 Month Average | 34.183 % | £26,663 | £104,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £140,000 | £140,000 | 3 HAWTHORN COURT |
| 20 Dec 2023 | £232,133 | £225,000 | 11 GREEN ACRES |
| 24 Nov 2023 | £151,855 | £148,000 | 1 HAWTHORN COURT |
| 3 Nov 2023 | £153,907 | £150,000 | 39 SPELVIT LANE |
| 14 Apr 2023 | £219,098 | £215,000 | 12 MAYFIELD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 13 Aug 2020. Using an estimated price of £84,186 means this house is valued at £1,718 per sq meter (£159 per sq foot).
The average size of a house on SPRINGHILL WALK is 88 sq meters (954 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Castle Meadows | |
| Sep 2024 | Anti-social behaviour | On or near Castle Meadows | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Castle Meadows |
| Jul 2024 | Public order | Awaiting court outcome | On or near Castle Meadows |
| Jul 2024 | Other crime | Under investigation | On or near Castle Meadows |