£214,278
This estimated value is based upon the latest sale price for the house of £71,250 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £71,250 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
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 March 2002 the House Price Index for NORTHUMBERLAND was 49.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 200.742%.Applying this 200.742% change to the original purchase price of £71,250 results in an estimated price of approximately £214,278.
| 28 Mar 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.0 | 200.742 % | £71,250 | £143,028 | £214,278 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 35.214 % | £25,089 | £96,339 |
| 3 Month Average | 73.379 % | £52,282 | £123,532 |
| 6 Month Average | 91.473 % | £65,174 | £136,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £156,480 | £155,000 | 42 HILLCREST |
| 23 Jun 2023 | £90,736 | £90,000 | 2 GRANGE TERRACE |
| 19 Aug 2022 | £139,060 | £140,000 | 4 GRANGE TERRACE |
| 16 Jun 2022 | £141,433 | £140,000 | 50 HILLCREST |
| 6 May 2022 | £109,630 | £108,000 | 21 HILLCREST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillcrest |
| Apr 2024 | Anti-social behaviour | On or near Oakfield Park | |
| Mar 2024 | Public order | Under investigation | On or near St Mathews Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Mathews Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near St Mathews Lane |