£387,412
This estimated value is based upon the latest sale price for the house of £315,000 on 11 Sep 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £315,000 | 11 Sep 2018 |
| £249,995 | 10 Aug 2004 |
| £149,950 | 17 Sep 1999 |
| Semi-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 September 2018 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 22.988%.Applying this 22.988% change to the original purchase price of £315,000 results in an estimated price of approximately £387,412.
| 11 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £315,000 | £72,412 | £387,412 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 42.861 % | £135,011 | £450,011 |
| 3 Month Average | -0.671 % | £-2,114 | £312,885 |
| 6 Month Average | 6.777 % | £21,348 | £336,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £492,318 | £485,000 | 26 DOBSON GARDENS |
| 4 May 2022 | £116,735 | £115,000 | 3 MILLERSFIELD |
| 20 Jan 2022 | £157,224 | £150,000 | 10 QUEENS CLOSE |
| 8 Dec 2021 | £197,404 | £185,000 | HOLMLEA NORTHUMBERLAND COURT |
| 24 Jun 2021 | £406,065 | £380,000 | ALLEN HOUSE MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Gaps |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millersfield Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Chapel Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Chapel Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |