£610,581
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Sep 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £360,000 | 21 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 September 2012 the House Price Index for NORTHUMBERLAND was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.606%.Applying this 69.606% change to the original purchase price of £360,000 results in an estimated price of approximately £610,581.
| 21 Sep 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.606 % | £360,000 | £250,581 | £610,581 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -27.868 % | £-100,323 | £259,676 |
| 3 Month Average | 11.949 % | £43,017 | £403,017 |
| 6 Month Average | 32.045 % | £115,361 | £475,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £85,194 | £84,100 | 14 GREENLAW ROAD |
| 2 Jun 2023 | £100,767 | £99,950 | 31 GREYSTOKE PLACE |
| 8 Aug 2022 | £253,289 | £255,000 | 55 WINDBURGH DRIVE |
| 28 Jan 2022 | £52,408 | £50,000 | 23 GRINDON CLOSE |
| 14 Jan 2022 | £209,579 | £199,950 | 79 WINDBURGH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dudley Lane |
| Mar 2024 | Anti-social behaviour | On or near Greystoke Place | |
| Mar 2024 | Anti-social behaviour | On or near Greystoke Place | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grindon Close |
| Apr 2024 | Public order | Under investigation | On or near Windermere Close |