£215,280
This estimated value is based upon the latest sale price for the house of £216,000 on 24 Oct 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £216,000 | 24 Oct 2022 |
| £140,000 | 13 Aug 2007 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for NORTHUMBERLAND was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £216,000 results in an estimated price of approximately £215,280.
| 24 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £216,000 | £-719 | £215,280 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 108.340 % | £234,015 | £450,015 |
| 3 Month Average | -0.559 % | £-1,206 | £214,793 |
| 6 Month Average | 4.701 % | £10,154 | £226,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £246,251 | £240,000 | 1 HACKWORTH GARDENS |
| 12 Sep 2023 | £240,297 | £235,000 | 16 BELL ROAD |
| 29 Aug 2023 | £229,133 | £225,000 | 8 HEDLEY ROAD |
| 28 Nov 2022 | £305,571 | £307,000 | 70 DENE ROAD |
| 24 Oct 2022 | £215,281 | £216,000 | 5 HACKWORTH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Hedley Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bell Road |
| Jun 2024 | Drugs | Under investigation | On or near Bell Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Tynedale Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |