£258,494
This estimated value is based upon the latest sale price for the house of £239,500 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £239,500 | 17 Dec 2021 |
| £133,000 | 25 Apr 2003 |
| £90,000 | 11 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £239,500 results in an estimated price of approximately £258,494.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £239,500 | £18,994 | £258,494 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 0.162 % | £387 | £239,887 |
| 3 Month Average | 44.513 % | £106,607 | £346,107 |
| 6 Month Average | 34.183 % | £81,869 | £321,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £242,500 | £242,500 | 8 GRANGE ROAD |
| 2 Jun 2023 | £272,970 | £267,500 | 4 WHITEACRES |
| 14 Jan 2022 | £180,234 | £170,000 | 1 LINDISFARNE LANE |
| 17 Dec 2021 | £258,494 | £239,500 | 32 WHITEACRES |
| 8 Oct 2021 | £255,259 | £229,000 | 11 LINDISFARNE LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Aug 2021. Using an estimated price of £258,494 means this house is valued at £2,720 per sq meter (£252 per sq foot).
The average size of a house on WHITEACRES is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Rosemount |
| Sep 2024 | Shoplifting | Under investigation | On or near Rosemount |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosemount |
| Jun 2024 | Other crime | Under investigation | On or near Rosemount |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near St Aidan'S Crescent |