£246,317
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £235,000 | 20 Jan 2022 |
| £204,500 | 30 Aug 2019 |
| £180,000 | 6 Nov 2009 |
| £189,950 | 3 Nov 2006 |
| £77,000 | 10 Mar 2000 |
| £66,495 | 12 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2022 the House Price Index for NORTHUMBERLAND was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £235,000 results in an estimated price of approximately £246,317.
| 20 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £235,000 | £11,317 | £246,317 |
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 | -37.068 % | £-87,109 | £147,890 |
| 3 Month Average | -32.799 % | £-77,077 | £157,922 |
| 6 Month Average | -13.277 % | £-31,200 | £203,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £328,214 | £324,000 | PENTICTON STATION ROAD |
| 3 Jul 2023 | £217,053 | £215,000 | 3 THE FORD |
| 2 Feb 2023 | £199,059 | £200,000 | 3 WESTERN AVENUE |
| 30 Jun 2022 | £166,689 | £165,000 | 21 WESTERN AVENUE |
| 4 Mar 2022 | £237,378 | £230,000 | 23 APPLETREE DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 4 Mar 2014. Using an estimated price of £246,317 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on THE FORD is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Waggonway | |
| Feb 2024 | Anti-social behaviour | On or near The Waggonway | |
| Feb 2024 | Anti-social behaviour | On or near The Waggonway | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kepwell Road |
| Apr 2024 | Other theft | Under investigation | On or near Kepwell Road |