£1,033,752
This estimated value is based upon the latest sale price for the house of £595,000 on 1 Oct 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £595,000 | 1 Oct 2009 |
| £622,000 | 18 May 2005 |
| £201,100 | 18 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,489 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 October 2009 the House Price Index for NORTHUMBERLAND was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £595,000 results in an estimated price of approximately £1,033,752.
| 1 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £595,000 | £438,752 | £1,033,752 |
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 | 30.070 % | £178,915 | £773,915 |
| 3 Month Average | 39.807 % | £236,853 | £831,853 |
| 6 Month Average | 34.862 % | £207,428 | £802,428 |
This house has a floor area of 231 sq meters or 2,489 sq feet when measured on 28 Aug 2009.
The average size of a house on MILKWELL LANE is 320 sq meters (3,445 sq feet).
This house is the largest in the street with a floor area of 231 sq meters (2,489 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kiln View |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kiln View |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Synclen Avenue |
| Dec 2023 | Anti-social behaviour | On or near B6321 | |
| Dec 2023 | Anti-social behaviour | On or near B6321 |