£125,880
This estimated value is based upon the latest sale price for the house of £72,500 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Supermarket
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| Price Paid | Date |
|---|---|
| £72,500 | 11 Nov 2011 |
| 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 November 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £72,500 results in an estimated price of approximately £125,880.
| 11 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £72,500 | £53,380 | £125,880 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | 40.248 % | £29,179 | £101,679 |
| 3 Month Average | 54.573 % | £39,565 | £112,065 |
| 6 Month Average | 28.096 % | £20,369 | £92,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £242,000 | £242,000 | 2 MALTING CLOSE |
| 5 Apr 2024 | £141,226 | £140,000 | VILLAGE BAKERY PARKSIDE PLACE |
| 28 Mar 2024 | £169,606 | £167,000 | 5 CRUDDAS TERRACE |
| 1 Nov 2023 | £230,860 | £225,000 | 6 HAWTHORN TERRACE |
| 25 Oct 2023 | £266,042 | £260,000 | ELFKIRK WEST VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Burglary | Under investigation | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Anti-social behaviour | On or near Malting Close |