£532,735
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Jun 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £430,000 | 26 Jun 2018 |
| 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 2018 the House Price Index for NORTHUMBERLAND was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £430,000 results in an estimated price of approximately £532,735.
| 26 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £430,000 | £102,735 | £532,735 |
The Postcode Pricing Model uses changes in average sales price within the NE44 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 | -70.909 % | £-304,909 | £125,090 |
| 3 Month Average | -1.059 % | £-4,554 | £425,445 |
| 6 Month Average | 2.196 % | £9,443 | £439,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £544,490 | £537,500 | THE MEADOWS |
| 28 Apr 2023 | £554,118 | £550,000 | WOODRUFF LONG RIGG |
| 25 Apr 2023 | £675,017 | £670,000 | 5 OAKLANDS RISE |
| 5 Aug 2022 | £1,092,617 | £1,100,000 | BYWOOD CHURCH LANE |
| 21 Feb 2022 | £470,007 | £450,000 | SLINFOLD MARCHBURN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Coal Road |
| Feb 2024 | Anti-social behaviour | On or near Coal Road | |
| Feb 2024 | Anti-social behaviour | On or near Coal Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coal Road |
| Feb 2024 | Anti-social behaviour | On or near Coal Road |