£155,314
This estimated value is based upon the latest sale price for the house of £127,500 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £127,500 | 3 Jul 2020 |
| £125,000 | 23 Jan 2015 |
| £37,500 | 25 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2020 the House Price Index for NORTHUMBERLAND was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £127,500 results in an estimated price of approximately £155,314.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £127,500 | £27,814 | £155,314 |
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 | 50.210 % | £64,017 | £191,517 |
| 3 Month Average | 21.081 % | £26,877 | £154,377 |
| 6 Month Average | 24.208 % | £30,864 | £158,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £128,963 | £125,000 | 12 PLOVER CLOSE |
| 22 Nov 2023 | £133,386 | £130,000 | 20 PLOVER CLOSE |
| 15 Sep 2023 | £137,021 | £134,000 | 25 GREBE CLOSE |
| 30 Aug 2023 | £127,296 | £125,000 | 50 KINGFISHER WAY |
| 11 Aug 2023 | £142,571 | £140,000 | 2 PLOVER CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Oct 2014. Using an estimated price of £155,315 means this house is valued at £2,284 per sq meter (£212 per sq foot).
The average size of a house on GREBE CLOSE is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Grebe Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Grebe Close |
| Aug 2024 | Anti-social behaviour | On or near Osprey Drive | |
| Aug 2024 | Anti-social behaviour | On or near Osprey Drive | |
| Jun 2024 | Anti-social behaviour | On or near Plover Close |