£455,241
This estimated value is based upon the latest sale price for the house of £369,995 on 5 Mar 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £369,995 | 5 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 March 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £369,995 results in an estimated price of approximately £455,241.
| 5 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £369,995 | £85,246 | £455,241 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 80.660 % | £298,438 | £668,433 |
| 3 Month Average | 31.939 % | £118,173 | £488,168 |
| 6 Month Average | 16.269 % | £60,194 | £430,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £153,875 | £151,900 | 3 CORDWAINERS |
| 20 Jul 2022 | £354,521 | £355,000 | 1 COOPER WAY |
| 20 Jun 2022 | £227,304 | £225,000 | 24 CORDWAINERS |
| 31 May 2022 | £296,406 | £292,000 | 6 DYERS WAY |
| 6 May 2022 | £190,329 | £187,500 | 22 CORDWAINERS |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 17 Aug 2018. Using an estimated price of £455,242 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on COOPER WAY is 138 sq meters (1,490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cordwainers |
| Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
| Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
| Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
| Jan 2024 | Anti-social behaviour | On or near Catchburn Close |