£904,103
This estimated value is based upon the latest sale price for the house of £526,000 on 19 Apr 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £526,000 | 19 Apr 2012 |
| £275,000 | 14 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 April 2012 the House Price Index for NORTHUMBERLAND was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £526,000 results in an estimated price of approximately £904,103.
| 19 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £526,000 | £378,103 | £904,103 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 65.998 % | £347,149 | £873,149 |
| 3 Month Average | 52.075 % | £273,916 | £799,916 |
| 6 Month Average | 51.985 % | £273,440 | £799,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £164,528 | £162,000 | 122 NEWGATE STREET |
| 3 Nov 2023 | £374,506 | £365,000 | 3 SOUTH TERRACE |
| 20 Sep 2023 | £358,912 | £351,000 | 18 COTTINGWOOD GARDENS |
| 24 Aug 2023 | £234,224 | £230,000 | FLAT 13 42A BULLERS GREEN |
| 8 Aug 2023 | £295,327 | £290,000 | 2 SCHOOL CLOSE |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 11 Apr 2014. Using an estimated price of £904,103 means this house is valued at £4,054 per sq meter (£376 per sq foot).
The average size of a house on COTTINGWOOD LANE is 185 sq meters (1,999 sq feet).
This house is the largest in the street with a floor area of 223 sq meters (2,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Dawson Place |
| Aug 2024 | Anti-social behaviour | On or near Dawson Place | |
| Aug 2024 | Anti-social behaviour | On or near Dawson Place |