£307,259
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 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £260,000 results in an estimated price of approximately £307,259.
| 7 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £260,000 | £47,259 | £307,259 |
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 | 3.806 % | £9,896 | £269,896 |
| 3 Month Average | 14.288 % | £37,148 | £297,148 |
| 6 Month Average | 7.246 % | £18,840 | £278,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £180,548 | £175,000 | 17 THE PASTURES |
| 1 Nov 2023 | £338,595 | £330,000 | 9 WEST HILL |
| 1 Sep 2023 | £311,875 | £305,000 | 11 THE PASTURES |
| 2 Jun 2023 | £316,339 | £310,000 | 23 HIGHMOOR |
| 9 Sep 2022 | £285,809 | £286,000 | 19 THE PASTURES |
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 £307,259 means this house is valued at £2,477 per sq meter (£230 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 |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Hill |
| Aug 2024 | Drugs | Offender given a caution | On or near Mayfield |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near The Pastures |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Pastures |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Pastures |