£436,879
This estimated value is based upon the latest sale price for the house of £72,750 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £72,750 | 3 Nov 2023 |
| £72,000 | 8 Jul 2005 |
| £80,000 | 8 Jul 2005 |
| £53,000 | 23 Jun 2004 |
| £36,000 | 16 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2023 the House Price Index for NORTHUMBERLAND was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £72,750 results in an estimated price of approximately £436,879.
| 3 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £72,750 | £364,129 | £436,879 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 100.940 % | £73,433 | £146,183 |
| 3 Month Average | -5.854 % | £-4,258 | £68,491 |
| 6 Month Average | -4.029 % | £-2,930 | £69,819 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Aug 2019.
The average size of a house on THORNTREE GARDENS is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorntree Gardens |
| Jan 2024 | Public order | Under investigation | On or near Thorntree Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Manley View |
| Feb 2024 | Anti-social behaviour | On or near Manley View | |
| Feb 2024 | Anti-social behaviour | On or near Manley View |