£600,536
This estimated value is based upon the latest sale price for the house of £350,000 on 6 Sep 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £350,000 | 6 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 September 2006 the House Price Index for NORTHUMBERLAND was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £350,000 results in an estimated price of approximately £600,536.
| 6 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £350,000 | £250,536 | £600,536 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 32.913 % | £115,195 | £465,195 |
| 3 Month Average | 19.680 % | £68,878 | £418,878 |
| 6 Month Average | 39.043 % | £136,650 | £486,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £1,227,888 | £1,200,000 | HOWLETT HALL |
| 29 Sep 2023 | £875,295 | £856,000 | 1 MORWICK ROAD |
| 6 Sep 2023 | £521,496 | £510,000 | 2 COQUET WAY |
| 30 Mar 2023 | £406,793 | £400,000 | 2 GREENSFIELD CLOSE |
| 13 Jan 2023 | £325,871 | £325,000 | 41 WATERSHAUGH ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 25 Jan 2018. Using an estimated price of £600,537 means this house is valued at £4,199 per sq meter (£390 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morwick Road |
| Aug 2024 | Anti-social behaviour | On or near St Oswalds Close | |
| Aug 2024 | Anti-social behaviour | On or near St Oswalds Close | |
| Aug 2024 | Anti-social behaviour | On or near St Oswalds Close | |
| Jul 2024 | Public order | Under investigation | On or near St Oswalds Close |