£766,620
This estimated value is based upon the latest sale price for the house of £195,000 on 14 Jan 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near Supermarket
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| Price Paid | Date |
|---|---|
| £195,000 | 14 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 312 sq meters or 3,358 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 January 2000 the House Price Index for NORTHUMBERLAND was 37.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 293.139%.Applying this 293.139% change to the original purchase price of £195,000 results in an estimated price of approximately £766,620.
| 14 Jan 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 146.7 | 293.139 % | £195,000 | £571,620 | £766,620 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 185.018 % | £360,785 | £555,785 |
| 3 Month Average | 213.712 % | £416,737 | £611,737 |
| 6 Month Average | 179.116 % | £349,275 | £544,275 |
This house has a floor area of 312 sq meters or 3,358 sq feet when measured on 19 Feb 2018.
There is one other house on the street which we know the size of, this is 2 EAST FARM COURT it is 331.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Burglary | Under investigation | On or near Supermarket |