£354,812
This estimated value is based upon the latest sale price for the house of £197,500 on 4 Sep 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £197,500 | 4 Sep 2009 |
| £197,500 | 8 Sep 2005 |
| £65,000 | 29 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 840 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 £197,500 results in an estimated price of approximately £354,812.
| 4 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £197,500 | £157,312 | £354,812 |
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 | 50.801 % | £100,331 | £297,831 |
| 3 Month Average | 52.428 % | £103,545 | £301,045 |
| 6 Month Average | 43.025 % | £84,974 | £282,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £232,133 | £225,000 | 11 GREEN ACRES |
| 3 Nov 2023 | £153,907 | £150,000 | 39 SPELVIT LANE |
| 14 Apr 2023 | £219,098 | £215,000 | 12 MAYFIELD |
| 28 Mar 2023 | £210,516 | £207,000 | 47 SPELVIT LANE |
| 24 Mar 2023 | £284,755 | £280,000 | 11 SPRINGHILL WALK |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 23 Apr 2009. Using an estimated price of £354,813 means this house is valued at £4,543 per sq meter (£422 per sq foot).
The average size of a house on GREEN ACRES is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springhill Walk |
| Aug 2024 | Anti-social behaviour | On or near Springhill Walk | |
| Aug 2024 | Anti-social behaviour | On or near Springhill Walk | |
| Aug 2024 | Anti-social behaviour | On or near Springhill Walk | |
| Sep 2024 | Other theft | Under investigation | On or near Highford Gardens |