£399,491
This estimated value is based upon the latest sale price for the house of £275,500 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £275,500 | 10 Jul 2015 |
| £205,000 | 11 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2015 the House Price Index for NORTHUMBERLAND was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £275,500 results in an estimated price of approximately £399,491.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £275,500 | £123,991 | £399,491 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | -6.926 % | £-19,081 | £256,418 |
| 3 Month Average | 40.242 % | £110,866 | £386,366 |
| 6 Month Average | 46.637 % | £128,485 | £403,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £246,251 | £240,000 | 1 HACKWORTH GARDENS |
| 12 Sep 2023 | £240,297 | £235,000 | 16 BELL ROAD |
| 29 Aug 2023 | £229,133 | £225,000 | 8 HEDLEY ROAD |
| 28 Nov 2022 | £305,571 | £307,000 | 70 DENE ROAD |
| 24 Oct 2022 | £215,281 | £216,000 | 5 HACKWORTH GARDENS |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 May 2015. Using an estimated price of £399,492 means this house is valued at £3,768 per sq meter (£350 per sq foot).
The average size of a house on DENE ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Tynedale Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tynedale Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Tynedale Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bell Road |
| Jun 2024 | Drugs | Under investigation | On or near Bell Road |