£78,946
This estimated value is based upon the latest sale price for the house of £77,734 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £77,734 | 28 Mar 2024 |
| £135,000 | 5 Dec 2003 |
| £40,000 | 19 Jan 1995 |
| 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 March 2024 the House Price Index for NORTHUMBERLAND was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £77,734 results in an estimated price of approximately £78,946.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £77,734 | £1,212 | £78,946 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 9.738 % | £7,569 | £85,303 |
| 3 Month Average | 23.013 % | £17,889 | £95,623 |
| 6 Month Average | 14.630 % | £11,372 | £89,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £78,947 | £77,734 | 7 CRESSWELL ROAD |
| 4 Apr 2023 | £229,289 | £225,000 | 47 LINDEN WAY |
| 10 Mar 2023 | £126,106 | £124,000 | 1 BEECH DRIVE |
| 2 Dec 2022 | £1,020 | £135,000 | 1 FIR GROVE |
| 11 Nov 2022 | £134,372 | £135,000 | 15 FIR GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beech Drive |
| Jul 2024 | Anti-social behaviour | On or near Fir Grove | |
| Jul 2024 | Anti-social behaviour | On or near Fir Grove | |
| Jul 2024 | Anti-social behaviour | On or near Fir Grove | |
| Aug 2024 | Burglary | Under investigation | On or near Hazel Grove |