£319,787
This estimated value is based upon the latest sale price for the house of £260,000 on 7 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£260,000 | 7 Oct 2020 |
£193,000 | 6 Jan 2005 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 October 2020 the House Price Index for NORTHUMBERLAND was 84.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 22.995%.Applying this 22.995% change to the original purchase price of £260,000 results in an estimated price of approximately £319,787.
7 Oct 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 104.3 | 22.995 % | £260,000 | £59,787 | £319,787 |
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 | -52.325 % | £-136,046 | £123,953 |
3 Month Average | 12.070 % | £31,382 | £291,382 |
6 Month Average | 8.038 % | £20,898 | £280,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2024 | £212,696 | £202,500 | 17 MONKS RIDGE |
15 Mar 2024 | £240,200 | £225,000 | 12 WEST HILL |
13 Dec 2023 | £187,976 | £175,000 | 17 THE PASTURES |
4 Dec 2023 | £236,313 | £220,000 | 32 THE PASTURES |
1 Nov 2023 | £352,654 | £330,000 | 9 WEST HILL |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 25 Jun 2020. Using an estimated price of £319,788 means this house is valued at £2,578 per sq meter (£239 per sq foot).
There is one other house on the street which we know the size of, this is 6 LELAND PLACE it is 94.0
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Other theft | Investigation complete; no suspect identified | On or near Swansfield |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Mayfield |
Jan 2025 | Violence and sexual offences | Under investigation | On or near The Pastures |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Downing Drive |
Jan 2025 | Violence and sexual offences | Offender given a caution | On or near Downing Drive |