£99,933
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Sep 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £100,000 | 26 Sep 2022 |
| £26,000 | 31 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2022 the House Price Index for NORTHUMBERLAND was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £100,000 results in an estimated price of approximately £99,933.
| 26 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £100,000 | £-66 | £99,933 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 9.592 % | £9,591 | £109,591 |
| 3 Month Average | 0.047 % | £47 | £100,047 |
| 6 Month Average | 10.618 % | £10,618 | £110,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £129,489 | £127,500 | 14 NORHAM CLOSE |
| 27 Oct 2023 | £107,440 | £105,000 | 15 HEPPLE COURT |
| 20 Sep 2023 | £168,719 | £165,000 | 20 WHITHORN COURT |
| 25 Aug 2023 | £117,112 | £115,000 | 32 BUDLE CLOSE |
| 31 Mar 2023 | £116,546 | £114,600 | 10 NORHAM CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Jun 2014. Using an estimated price of £99,933 means this house is valued at £1,297 per sq meter (£120 per sq foot).
The average size of a house on FORD DRIVE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cambo Close |
| Jul 2024 | Anti-social behaviour | On or near Beal Close |