£251,894
This estimated value is based upon the latest sale price for the house of £174,950 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £174,950 | 28 Aug 2015 |
| Detached |
| Leasehold |
| Floor Area: 62 sq meters or 675 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 August 2015 the House Price Index for NORTHUMBERLAND was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £174,950 results in an estimated price of approximately £251,894.
| 28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £174,950 | £76,944 | £251,894 |
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 | 18.232 % | £31,896 | £206,846 |
| 3 Month Average | 47.128 % | £82,451 | £257,401 |
| 6 Month Average | 40.380 % | £70,644 | £245,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £306,900 | £306,900 | 12 TURNERS WAY |
| 13 Dec 2023 | £180,548 | £175,000 | 17 THE PASTURES |
| 29 Sep 2023 | £455,031 | £445,000 | 25 TURNERS WAY |
| 1 Sep 2023 | £311,875 | £305,000 | 11 THE PASTURES |
| 2 Jun 2023 | £316,339 | £310,000 | 23 HIGHMOOR |
This house has a floor area of 62 sq meters or 675 sq feet when measured on 18 Aug 2009. Using an estimated price of £251,894 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on THE PASTURES is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friars Gate |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Hill |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vanburgh Gardens |
| Aug 2024 | Drugs | Offender given a caution | On or near Mayfield |
| Nov 2024 | Public order | Under investigation | On or near Queensway |