£299,032
This estimated value is based upon the latest sale price for the house of £172,000 on 19 Nov 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £172,000 | 19 Nov 2009 |
| £98,995 | 22 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2009 the House Price Index for NORTHUMBERLAND was 85.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 73.856%.Applying this 73.856% change to the original purchase price of £172,000 results in an estimated price of approximately £299,032.
| 19 Nov 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.0 | 73.856 % | £172,000 | £127,032 | £299,032 |
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 | -38.478 % | £-66,182 | £105,817 |
| 3 Month Average | -27.911 % | £-48,007 | £123,992 |
| 6 Month Average | -0.981 % | £-1,687 | £170,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £351,902 | £350,000 | 7 HEATHER LEA LANE |
| 13 Sep 2022 | £256,876 | £260,000 | 1 HEATHER LEA LANE |
| 16 Jun 2022 | £272,764 | £270,000 | 12 TILLEY CRESCENT |
| 26 Nov 2021 | £253,130 | £235,000 | 8 TILLEY CRESCENT |
| 1 Oct 2021 | £303,053 | £275,000 | 7 CROSS STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Dec 2013. Using an estimated price of £299,033 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on TILLEY CRESCENT is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Umfraville Dene | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Umfraville Dene |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farmwell Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carnaby Close |
| Mar 2024 | Anti-social behaviour | On or near Neale Street |