£228,929
This estimated value is based upon the latest sale price for the house of £230,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 4 Nov 2022 |
| £199,950 | 27 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 November 2022 the House Price Index for NORTHUMBERLAND was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £230,000 results in an estimated price of approximately £228,929.
| 4 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £230,000 | £-1,070 | £228,929 |
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 | 35.215 % | £80,994 | £310,994 |
| 3 Month Average | 7.429 % | £17,087 | £247,087 |
| 6 Month Average | 2.853 % | £6,562 | £236,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £137,614 | £135,500 | 54 FONT DRIVE |
| 18 Dec 2023 | £157,850 | £153,000 | 59A FONT DRIVE |
| 18 Dec 2023 | £123,753 | £119,950 | 1 HALLEYPIKE CLOSE |
| 27 Jan 2023 | £195,522 | £195,000 | 8 BAKETHIN CRESCENT |
| 4 Nov 2022 | £228,930 | £230,000 | 48 FONT DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Feb 2020. Using an estimated price of £228,930 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on FONT DRIVE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Swinburne Street | |
| Jun 2024 | Anti-social behaviour | On or near Swinburne Street | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swinburne Street |
| Jun 2024 | Anti-social behaviour | On or near Swinburne Street | |
| Jun 2024 | Anti-social behaviour | On or near Swinburne Street |