£229,954
This estimated value is based upon the latest sale price for the house of £128,000 on 11 Sep 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £128,000 | 11 Sep 2009 |
| £66,500 | 15 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 831 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 September 2009 the House Price Index for NORTHUMBERLAND was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £128,000 results in an estimated price of approximately £229,954.
| 11 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £128,000 | £101,954 | £229,954 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -4.622 % | £-5,916 | £122,083 |
| 3 Month Average | 58.310 % | £74,636 | £202,636 |
| 6 Month Average | 27.419 % | £35,096 | £163,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £180,270 | £177,500 | GRANGE COTTAGE |
| 28 Sep 2023 | £101,743 | £99,500 | 11 OAKFIELD PARK |
| 28 Sep 2023 | £101,743 | £99,500 | 10 OAKFIELD PARK |
| 23 Jun 2023 | £91,840 | £90,000 | 2 GRANGE TERRACE |
| 19 Aug 2022 | £140,658 | £140,000 | 4 GRANGE TERRACE |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 3 Jun 2009. Using an estimated price of £229,955 means this house is valued at £2,978 per sq meter (£276 per sq foot).
The average size of a house on HILLCREST is 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Hillcrest |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillcrest Court |
| Jun 2024 | Anti-social behaviour | On or near Hillcrest Court | |
| Jun 2024 | Anti-social behaviour | On or near Hillcrest Court | |
| Apr 2024 | Anti-social behaviour | On or near Oakfield Park |