£599,639
This estimated value is based upon the latest sale price for the house of £175,500 on 26 Jun 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£175,500 | 26 Jun 2001 |
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 June 2001 the House Price Index for NORTHUMBERLAND was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £175,500 results in an estimated price of approximately £599,639.
26 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £175,500 | £424,139 | £599,639 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 229.044 % | £401,972 | £577,472 |
3 Month Average | 191.348 % | £335,815 | £511,315 |
6 Month Average | 244.344 % | £428,823 | £604,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £126,095 | £125,000 | 11 CROFT ROAD |
28 Mar 2024 | £99,529 | £98,000 | 41 JUBILEE CRESCENT |
24 Nov 2023 | £138,516 | £135,000 | 10 CROFT ROAD |
7 Sep 2023 | £92,029 | £90,000 | 55 JUBILEE CRESCENT |
8 Aug 2023 | £285,143 | £280,000 | 5 HURLEY KNOWES STATION ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Croft Road |
Aug 2024 | Anti-social behaviour | On or near Station Road | |
Aug 2024 | Anti-social behaviour | On or near Station Road | |
Aug 2024 | Anti-social behaviour | On or near Station Road | |
Aug 2024 | Anti-social behaviour | On or near Station Road |