£261,885
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Jun 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Jun 2011 |
| £145,000 | 21 Apr 2006 |
| Terraced |
| 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 June 2011 the House Price Index for NORTHUMBERLAND was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £150,000 results in an estimated price of approximately £261,885.
| 17 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £150,000 | £111,885 | £261,885 |
The Postcode Pricing Model uses changes in average sales price within the NE47 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 | 76.942 % | £115,413 | £265,413 |
| 3 Month Average | 51.991 % | £77,986 | £227,986 |
| 6 Month Average | 82.727 % | £124,090 | £274,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £80,000 | £80,000 | 17 INNERHAUGH MEWS |
| 2 May 2024 | £130,000 | £130,000 | 2 HORDLEY ACRES |
| 1 Dec 2023 | £186,222 | £180,500 | 8 HORDLEY ACRES |
| 22 Nov 2023 | £179,558 | £175,000 | 28 GREENWICH GARDENS |
| 3 Oct 2023 | £516,736 | £505,000 | ST AIDANS BELMONT GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Strother Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Greenwich Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Greenwich Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Innerhaugh Mews |
| Jul 2024 | Anti-social behaviour | On or near Innerhaugh Mews |