£362,332
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £285,000 | 24 Oct 2017 |
| £125,000 | 11 Feb 2000 |
| £95,000 | 21 Sep 1998 |
| £94,000 | 2 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2017 the House Price Index for NORTHUMBERLAND was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £285,000 results in an estimated price of approximately £362,332.
| 24 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £285,000 | £77,332 | £362,332 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 95.483 % | £272,125 | £557,125 |
| 3 Month Average | 60.202 % | £171,574 | £456,574 |
| 6 Month Average | 39.595 % | £112,845 | £397,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £235,500 | £235,500 | 39 HILLCREST PARK |
| 8 Dec 2023 | £361,096 | £350,000 | 90 ALLERBURN LEA |
| 15 Aug 2023 | £636,480 | £625,000 | 1 SPRINGFIELD MEADOW |
| 23 Jun 2023 | £331,748 | £325,100 | 10 HILLCREST PARK |
| 27 Apr 2023 | £438,196 | £430,000 | 14 HILLCREST PARK |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Jul 2017. Using an estimated price of £362,333 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on HILLCREST PARK is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Springfield Park |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Springfield Park |
| Aug 2024 | Anti-social behaviour | On or near Ravensmede | |
| Aug 2024 | Anti-social behaviour | On or near Ravensmede | |
| Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ravensmede |