£487,261
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £400,000 | 17 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 £400,000 results in an estimated price of approximately £487,261.
| 17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £400,000 | £87,261 | £487,261 |
The Postcode Pricing Model uses changes in average sales price within the NE43 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 | -58.259 % | £-233,034 | £166,965 |
| 3 Month Average | -55.779 % | £-223,115 | £176,884 |
| 6 Month Average | -17.745 % | £-70,979 | £329,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £610,000 | £610,000 | 58 PAINSHAWFIELD ROAD |
| 15 Dec 2023 | £980,117 | £950,000 | 30 PAINSHAWFIELD ROAD |
| 17 Nov 2023 | £318,074 | £310,000 | 13 MEADOWFIELD ROAD |
| 18 Oct 2023 | £1,023,240 | £1,000,000 | 24 CADE HILL ROAD |
| 30 Mar 2023 | £422,048 | £415,000 | 15 CRABTREE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 16 Jul 2019. Using an estimated price of £487,261 means this house is valued at £4,094 per sq meter (£380 per sq foot).
The average size of a house on CADE HILL ROAD is 233 sq meters (2,512 sq feet).
This house is the smallest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Guessburn |
| May 2024 | Anti-social behaviour | On or near Guessburn | |
| May 2024 | Anti-social behaviour | On or near Guessburn | |
| May 2024 | Anti-social behaviour | On or near Guessburn | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Guessburn |