£246,361
This estimated value is based upon the latest sale price for the house of £186,500 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £186,500 | 21 Dec 2016 |
| £199,950 | 14 Nov 2006 |
| £59,950 | 26 May 2000 |
| 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 December 2016 the House Price Index for NORTHUMBERLAND was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £186,500 results in an estimated price of approximately £246,361.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £186,500 | £59,861 | £246,361 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 73.612 % | £137,286 | £323,786 |
| 3 Month Average | 32.692 % | £60,969 | £247,469 |
| 6 Month Average | 37.789 % | £70,475 | £256,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £189,818 | £185,000 | 14 MORTIMER TERRACE |
| 23 Oct 2023 | £240,461 | £235,000 | 12 WALLRIDGE DRIVE |
| 26 Sep 2023 | £311,875 | £305,000 | 86 TILLMOUTH AVENUE |
| 31 Aug 2023 | £233,206 | £229,000 | 20 HOLLINGHILL ROAD |
| 30 Aug 2023 | £292,781 | £287,500 | 2 HOLLINGHILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Medburn Road |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Medburn Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northside Place |
| Jul 2024 | Public order | Under investigation | On or near Northside Place |
| Jul 2024 | Anti-social behaviour | On or near Bardon Crescent |