£512,105
This estimated value is based upon the latest sale price for the house of £372,500 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £372,500 | 27 Nov 2015 |
| £355,000 | 28 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £372,500 results in an estimated price of approximately £512,105.
| 27 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £372,500 | £139,605 | £512,105 |
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 | 18.740 % | £69,806 | £442,306 |
| 3 Month Average | 31.188 % | £116,175 | £488,675 |
| 6 Month Average | 8.171 % | £30,438 | £402,938 |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 9 Sep 2015.
The average size of a house on THE PADDOCK is 279 sq meters (3,008 sq feet).
This house is the smallest in the street with a floor area of 163 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near The Paddock |
| Mar 2024 | Anti-social behaviour | On or near Alston Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Alston Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Alston Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Alston Avenue |