£182,723
This estimated value is based upon the latest sale price for the house of £150,000 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 10 Jul 2020 |
| £139,950 | 31 Jan 2007 |
| £73,000 | 18 Jan 2002 |
| £36,000 | 9 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 July 2020 the House Price Index for NORTHUMBERLAND was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £150,000 results in an estimated price of approximately £182,723.
| 10 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £150,000 | £32,723 | £182,723 |
The Postcode Pricing Model uses changes in average sales price within the NE43 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 | -61.791 % | £-92,686 | £57,313 |
| 3 Month Average | -44.162 % | £-66,242 | £83,757 |
| 6 Month Average | -16.118 % | £-24,176 | £125,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £1,023,240 | £1,000,000 | 24 CADE HILL ROAD |
| 18 Apr 2023 | £86,620 | £85,000 | 6A GLEN AVENUE |
| 30 Mar 2023 | £422,048 | £415,000 | 15 CRABTREE ROAD |
| 24 Feb 2023 | £100,672 | £100,000 | FLAT 14 FORD RISE BIRCHES NOOK |
| 24 Feb 2023 | £407,724 | £405,000 | 13 CRABTREE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Mar 2020. Using an estimated price of £182,723 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on BIRCHES NOOK COTTAGES is 109 sq meters (1,173 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Birches Nook Road | |
| Aug 2024 | Anti-social behaviour | On or near Birches Nook Road | |
| Aug 2024 | Anti-social behaviour | On or near Birches Nook Road | |
| Oct 2024 | Other crime | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |