£616,046
This estimated value is based upon the latest sale price for the house of £410,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £410,000 | 19 Dec 2014 |
| £100,000 | 6 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 December 2014 the House Price Index for NORTHUMBERLAND was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £410,000 results in an estimated price of approximately £616,046.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £410,000 | £206,046 | £616,046 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 87.293 % | £357,902 | £767,902 |
| 3 Month Average | 58.044 % | £237,981 | £647,981 |
| 6 Month Average | 16.087 % | £65,957 | £475,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £214,880 | £210,000 | 4 EDGEWELL COURT |
| 16 Oct 2023 | £332,553 | £325,000 | 14 OVINGTON VIEW |
| 13 Mar 2023 | £310,180 | £305,000 | 4 GREENER COURT |
| 3 Mar 2023 | £376,284 | £370,000 | 12 TENNYSON COURT |
| 11 Nov 2022 | £70,172 | £70,500 | 10 EDGEWELL AVENUE |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 14 May 2012. Using an estimated price of £616,047 means this house is valued at £3,034 per sq meter (£281 per sq foot).
There is one other house on the street which we know the size of, this is GRANGE COTTAGE it is 73.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruskin Court |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Beaumont Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Tennyson Court |
| Jul 2024 | Anti-social behaviour | On or near Edgewell Court | |
| May 2024 | Anti-social behaviour | On or near Edgewell Court |