£184,289
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Dec 2018 |
| 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 2018 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £150,000 results in an estimated price of approximately £184,289.
| 20 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £150,000 | £34,289 | £184,289 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -22.787 % | £-34,180 | £115,819 |
| 3 Month Average | 9.679 % | £14,517 | £164,517 |
| 6 Month Average | 24.747 % | £37,121 | £187,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £85,812 | £85,000 | 18 QUEENS GARDENS |
| 16 Feb 2023 | £134,364 | £135,000 | 28 BARRAS AVENUE |
| 28 Oct 2022 | £354,234 | £359,500 | UNIT 32 APEX BUSINESS VILLAGE |
| 8 Sep 2022 | £123,498 | £125,000 | 8 HANOVER COURT |
| 22 Jul 2022 | £179,757 | £180,000 | UNIT 18 APEX BUSINESS VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Orange Grove | |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Orange Grove |
| Mar 2024 | Anti-social behaviour | On or near Orange Grove | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Orange Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Orange Grove |