£332,960
This estimated value is based upon the latest sale price for the house of £317,500 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £317,500 | 28 Feb 2022 |
| £317,500 | 27 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 February 2022 the House Price Index for NORTHUMBERLAND was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £317,500 results in an estimated price of approximately £332,960.
| 28 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £317,500 | £15,460 | £332,960 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 672.918 % | £2,136,516 | £2,454,016 |
| 3 Month Average | 56.006 % | £177,818 | £495,318 |
| 6 Month Average | 25.664 % | £81,482 | £398,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £325,699 | £320,000 | 6 TWEED STREET |
| 6 Nov 2023 | £314,658 | £310,000 | 3 SCOTTS PLACE |
| 18 Sep 2023 | £146,878 | £145,000 | 2 SWANSTON MEWS |
| 5 Sep 2023 | £141,813 | £140,000 | 37 CASTLEGATE |
| 11 Jul 2023 | £217,933 | £215,000 | 4 WELL CLOSE SQUARE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 22 Aug 2015. Using an estimated price of £332,961 means this house is valued at £2,642 per sq meter (£245 per sq foot).
The average size of a house on LORDS MOUNT is 184 sq meters (1,990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Scott'S Place | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott'S Place |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Scott'S Place |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Scott'S Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Scott'S Place |