£196,348
This estimated value is based upon the latest sale price for the house of £158,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £158,000 | 12 Dec 2018 |
| £157,000 | 18 Feb 2011 |
| £152,950 | 29 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2018 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £158,000 results in an estimated price of approximately £196,348.
| 12 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £158,000 | £38,348 | £196,348 |
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 | 5.277 % | £8,337 | £166,337 |
| 3 Month Average | 7.266 % | £11,480 | £169,480 |
| 6 Month Average | 9.478 % | £14,974 | £172,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £206,340 | £200,000 | 6 TORRANCE CLOSE |
| 11 Sep 2023 | £176,388 | £172,500 | 31 HARRINGTON WAY |
| 12 Jun 2023 | £155,108 | £152,000 | 12 ALBATROSS WAY |
| 21 Apr 2023 | £218,079 | £214,000 | 1 FALDO DRIVE |
| 17 Mar 2023 | £169,836 | £167,000 | 15 FALDO DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 8 Aug 2018. Using an estimated price of £196,348 means this house is valued at £1,924 per sq meter (£178 per sq foot).
The average size of a house on FALDO DRIVE is 124 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Condor Court | |
| Aug 2024 | Anti-social behaviour | On or near Condor Court | |
| Aug 2024 | Anti-social behaviour | On or near Condor Court | |
| Aug 2024 | Anti-social behaviour | On or near Condor Court | |
| Sep 2024 | Anti-social behaviour | On or near Albatross Way |