£93,506
This estimated value is based upon the latest sale price for the house of £92,500 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £92,500 | 21 Apr 2023 |
| £82,500 | 25 Nov 2016 |
| £75,000 | 25 May 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 April 2023 the House Price Index for NORTHUMBERLAND was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £92,500 results in an estimated price of approximately £93,506.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £92,500 | £1,006 | £93,506 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 29.543 % | £27,327 | £119,827 |
| 3 Month Average | 12.341 % | £11,415 | £103,915 |
| 6 Month Average | 9.713 % | £8,984 | £101,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £166,456 | £165,000 | 2 TYNE GREEN MEWS |
| 5 Jul 2023 | £107,446 | £106,000 | 10 TYNE GREEN MEWS |
| 30 Jun 2023 | £117,422 | £116,000 | 3 TYNE GREEN MEWS |
| 21 Apr 2023 | £93,507 | £92,500 | 27 WORDSWORTH CLOSE |
| 25 Apr 2022 | £95,256 | £92,500 | 2 GARLAND PLACE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 Sep 2016. Using an estimated price of £93,507 means this house is valued at £1,100 per sq meter (£102 per sq foot).
The average size of a house on WORDSWORTH CLOSE is 99 sq meters (1,066 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wordsworth Close |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Public order | Under investigation | On or near Bus/Coach Station |