£343,756
This estimated value is based upon the latest sale price for the house of £222,000 on 26 Jun 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £222,000 | 26 Jun 2014 |
| £275,000 | 9 Oct 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 768 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 June 2014 the House Price Index for NORTHUMBERLAND was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £222,000 results in an estimated price of approximately £343,756.
| 26 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £222,000 | £121,756 | £343,756 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | 195.283 % | £433,529 | £655,529 |
| 3 Month Average | 67.668 % | £150,223 | £372,223 |
| 6 Month Average | 27.326 % | £60,663 | £282,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £326,099 | £320,000 | 1 CLIFFE HOUSE |
| 4 Jan 2023 | £471,259 | £470,000 | AVONDALE STATION ROAD |
| 4 Feb 2022 | £396,171 | £375,000 | REMLAW FARNLEY |
| 9 Dec 2021 | £566,637 | £525,000 | WOODSIDE STATION ROAD |
| 26 Nov 2021 | £6,319,214 | £5,800,000 | SPRINGFIELD HOUSE SPOUTWELL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |