£1,019,205
This estimated value is based upon the latest sale price for the house of £825,000 on 9 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £825,000 | 9 Oct 2019 |
| Freehold |
| Floor Area: 256 sq meters or 2,755 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £825,000 results in an estimated price of approximately £1,019,205.
| 9 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £825,000 | £194,205 | £1,019,205 |
The Postcode Pricing Model uses changes in average sales price within the NE43 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 | -47.017 % | £-387,893 | £437,106 |
| 3 Month Average | -29.939 % | £-246,994 | £578,005 |
| 6 Month Average | -18.370 % | £-151,549 | £673,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2022 | £374,750 | £375,000 | THE OLD CHAPEL |
| 8 Apr 2022 | £420,156 | £405,000 | 6 SPRINGFIELD |
| 3 Feb 2022 | £686,697 | £650,000 | BIRCH STEADING |
| 11 Jun 2021 | £686,350 | £635,000 | ORCHARD HOUSE |
| 28 May 2021 | £795,744 | £699,000 | YEW STEADING |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Awaiting court outcome | On or near Park/Open Space |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Public order | Under investigation | On or near Springfield |
| Apr 2024 | Anti-social behaviour | On or near Springfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Springfield Close |