£5,401,888
This estimated value is based upon the latest sale price for the house of £4,390,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £4,390,000 | 28 Jun 2019 |
| 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 June 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £4,390,000 results in an estimated price of approximately £5,401,888.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £4,390,000 | £1,011,888 | £5,401,888 |
The Postcode Pricing Model uses changes in average sales price within the NE19 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 | -81.198 % | £-3,564,590 | £825,409 |
| 3 Month Average | -34.949 % | £-1,534,270 | £2,855,729 |
| 6 Month Average | 5.502 % | £241,526 | £4,631,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £255,784 | £252,500 | 8 TROUTBECK WESTGATE |
| 10 Nov 2023 | £420,397 | £415,000 | THE HOLLIES LITTLE CROWTREE LANE |
| 19 Jul 2023 | £188,079 | £186,300 | THE OLD COTTAGE HORNCASTLE ROAD |
| 14 Mar 2023 | £216,671 | £215,500 | 87 CROWTREE LANE |
| 12 Aug 2022 | £794,631 | £800,000 | KIRK HILL COTTAGE CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Mary'S Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Somersby Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Somersby Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Lane |