£460,952
This estimated value is based upon the latest sale price for the house of £369,995 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £369,995 | 26 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 April 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £369,995 results in an estimated price of approximately £460,952.
| 26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £369,995 | £90,957 | £460,952 |
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 | 6.573 % | £24,318 | £394,313 |
| 3 Month Average | 28.839 % | £106,702 | £476,697 |
| 6 Month Average | 19.291 % | £71,374 | £441,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £345,000 | £345,000 | 75 BOWYER WAY |
| 30 Jun 2023 | £280,624 | £275,000 | 1 DYERS WAY |
| 20 Jul 2022 | £358,593 | £355,000 | 1 COOPER WAY |
| 14 Jul 2022 | £414,150 | £410,000 | 15 EGLINGHAM WAY |
| 31 May 2022 | £299,811 | £292,000 | 6 DYERS WAY |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 23 Jan 2019. Using an estimated price of £460,952 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on DYERS WAY is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Willowburn | |
| Jun 2024 | Anti-social behaviour | On or near Willowburn | |
| Jun 2024 | Anti-social behaviour | On or near Willowburn | |
| Jun 2024 | Anti-social behaviour | On or near Willowburn | |
| Jun 2024 | Anti-social behaviour | On or near Willowburn |