£277,478
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Feb 2006 |
| £62,000 | 14 Jul 2000 |
| £57,000 | 28 Nov 1997 |
| Detached |
| 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 February 2006 the House Price Index for NORTHUMBERLAND was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £155,000 results in an estimated price of approximately £277,478.
| 17 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £155,000 | £122,478 | £277,478 |
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 | 37.441 % | £58,033 | £213,033 |
| 3 Month Average | 34.271 % | £53,120 | £208,120 |
| 6 Month Average | 19.782 % | £30,662 | £185,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £76,534 | £75,000 | 31 GREEN CROFT |
| 31 Oct 2022 | £204,318 | £205,000 | 10 ORCHID CLOSE |
| 28 Oct 2022 | £308,968 | £310,000 | 7 ORPINE COURT |
| 12 Sep 2022 | £119,920 | £120,000 | 16 GLENWOOD |
| 15 Jul 2022 | £171,721 | £170,000 | 19 WARREN COURT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Nov 2013. Using an estimated price of £277,478 means this house is valued at £3,153 per sq meter (£292 per sq foot).
The average size of a house on ORCHID CLOSE is 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Glenwood | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Glenwood |
| Oct 2024 | Anti-social behaviour | On or near Glenwood | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orpine Court |
| Oct 2024 | Bicycle theft | Under investigation | On or near Briardene |