£441,809
This estimated value is based upon the latest sale price for the house of £355,000 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £355,000 | 21 Mar 2019 |
| £680,000 | 14 Jun 2017 |
| 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 March 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £355,000 results in an estimated price of approximately £441,809.
| 21 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £355,000 | £86,809 | £441,809 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 18.078 % | £64,176 | £419,176 |
| 3 Month Average | 11.036 % | £39,177 | £394,177 |
| 6 Month Average | 19.699 % | £69,931 | £424,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £398,460 | £395,000 | 2 THE CAUSEWAY |
| 30 Nov 2023 | £430,939 | £420,000 | 3 ROOKWOOD GARDENS |
| 25 Aug 2023 | £254,592 | £250,000 | 1 CAIRN PARK |
| 14 Jun 2023 | £183,681 | £180,000 | 12 RIMSIDE VIEW |
| 27 Apr 2023 | £234,384 | £230,000 | 28 CAIRN PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Armstrong Grove |
| Jul 2024 | Other crime | Under investigation | On or near Armstrong Grove |
| Jun 2024 | Other theft | Under investigation | On or near Armstrong Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Park |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherryhope |