£457,174
This estimated value is based upon the latest sale price for the house of £239,000 on 1 Oct 2004. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £239,000 | 1 Oct 2004 |
| Terraced |
| 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 October 2004 the House Price Index for NORTHUMBERLAND was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £239,000 results in an estimated price of approximately £457,174.
| 1 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £239,000 | £218,174 | £457,174 |
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 | -41.047 % | £-98,101 | £140,898 |
| 3 Month Average | 54.226 % | £129,600 | £368,600 |
| 6 Month Average | 36.933 % | £88,270 | £327,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £189,368 | £190,000 | 4 ST OSWALDS COURT |
| 12 Aug 2022 | £326,527 | £325,000 | 14 BELLS LONNEN |
| 17 Jun 2022 | £7,434 | £7,275 | 32 BELLS LONNEN |
| 5 Nov 2021 | £544,760 | £500,000 | 6 BROOMHOUSE FARM COURT |
| 28 Sep 2021 | £336,526 | £310,000 | 25 CASTLEFIELDS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Awaiting court outcome | On or near Bells Lonnen |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Bells Lonnen |
| Jul 2024 | Public order | Under investigation | On or near Bells Lonnen |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near North Wylam View |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near North Wylam View |