£415,803
This estimated value is based upon the latest sale price for the house of £385,250 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £385,250 | 21 Dec 2021 |
| £136,000 | 1 Feb 2002 |
| £107,500 | 24 Jul 1998 |
| 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 December 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £385,250 results in an estimated price of approximately £415,803.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £385,250 | £30,553 | £415,803 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 79.787 % | £307,379 | £692,629 |
| 3 Month Average | 6.052 % | £23,315 | £408,565 |
| 6 Month Average | 15.413 % | £59,378 | £444,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £624,596 | £615,000 | ROSEWORTH |
| 24 Nov 2023 | £159,550 | £155,500 | OVERDALE COTTAGE FRONT STREET |
| 21 Apr 2023 | £145,726 | £143,000 | 1 SOUTH VIEW |
| 4 Apr 2023 | £107,001 | £105,000 | 3 FRONT STREET |
| 15 Feb 2023 | £281,883 | £280,000 | BANK HOUSE FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherryhope |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Cherryhope |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherryhope |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherryhope |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Park |