£1,083,923
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Jul 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near A695
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Jul 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 July 2001 the House Price Index for NORTHUMBERLAND was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £320,000 results in an estimated price of approximately £1,083,923.
| 6 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £320,000 | £763,923 | £1,083,923 |
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 | 57.494 % | £183,981 | £503,981 |
| 3 Month Average | 123.578 % | £395,451 | £715,451 |
| 6 Month Average | 146.860 % | £469,951 | £789,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £359,116 | £350,000 | 8 CARRSFIELD |
| 14 Apr 2023 | £326,099 | £320,000 | 1 CLIFFE HOUSE |
| 29 Nov 2022 | £358,324 | £360,000 | BRIAR COTTAGE FARNLEY GRANGE |
| 4 Feb 2022 | £396,171 | £375,000 | REMLAW FARNLEY |
| 26 Nov 2021 | £6,319,214 | £5,800,000 | SPRINGFIELD HOUSE SPOUTWELL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A695 |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near A695 |
| May 2024 | Public order | Under investigation | On or near A695 |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near A695 |
| May 2024 | Anti-social behaviour | On or near A695 |