£179,553
This estimated value is based upon the latest sale price for the house of £52,000 on 11 May 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £52,000 | 11 May 2001 |
| Detached |
| Leasehold |
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 May 2001 the House Price Index for NORTHUMBERLAND was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £52,000 results in an estimated price of approximately £179,553.
| 11 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £52,000 | £127,553 | £179,553 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 251.520 % | £130,790 | £182,790 |
| 3 Month Average | 212.210 % | £110,349 | £162,349 |
| 6 Month Average | 207.370 % | £107,832 | £159,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £153,208 | £148,500 | 16 FONT DRIVE |
| 3 Nov 2023 | £176,480 | £172,000 | 7 PECKET CLOSE |
| 14 Aug 2023 | £58,556 | £57,500 | 5 CHIRTON GREEN |
| 31 Aug 2022 | £150,705 | £150,000 | 124 DRURIDGE DRIVE |
| 4 Jul 2022 | £181,822 | £180,000 | 10 PECKET CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Aug 2024 | Anti-social behaviour | On or near Pecket Close | |
| Jul 2024 | Anti-social behaviour | On or near Pecket Close |