£301,855
This estimated value is based upon the latest sale price for the house of £295,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £295,000 | 31 Oct 2023 |
| £247,950 | 19 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 October 2023 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £295,000 results in an estimated price of approximately £301,855.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £295,000 | £6,855 | £301,855 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -13.914 % | £-41,045 | £253,954 |
| 3 Month Average | 0.321 % | £948 | £295,948 |
| 6 Month Average | -3.249 % | £-9,585 | £285,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £301,856 | £295,000 | 25 WATERVILLE GROVE |
| 10 Aug 2023 | £158,865 | £156,000 | 15 MONTGOMERIE COURT |
| 31 May 2022 | £287,490 | £280,000 | 17 SAUNTON WAY |
| 25 Feb 2022 | £123,606 | £117,000 | 19 GARCIA DRIVE |
| 7 Jan 2022 | £185,535 | £175,000 | 8 MONTGOMERIE COURT |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 6 Mar 2020. Using an estimated price of £301,856 means this house is valued at £1,999 per sq meter (£185 per sq foot).
The average size of a house on WATERVILLE GROVE is 152 sq meters (1,639 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Waterville Grove |
| Oct 2024 | Anti-social behaviour | On or near Waterville Grove | |
| Oct 2024 | Anti-social behaviour | On or near Waterville Grove | |
| Sep 2024 | Other crime | Under investigation | On or near Waterville Grove |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Waterville Grove |