£140,665
This estimated value is based upon the latest sale price for the house of £115,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £115,000 | 15 May 2020 |
| 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 May 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £115,000 results in an estimated price of approximately £140,665.
| 15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £115,000 | £25,665 | £140,665 |
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 | -7.645 % | £-8,791 | £106,208 |
| 3 Month Average | 19.561 % | £22,494 | £137,494 |
| 6 Month Average | 24.074 % | £27,685 | £142,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £323,043 | £320,000 | KIELDER HOUSE THE GRANGE |
| 2 Mar 2023 | £96,913 | £96,000 | 82 MURRAYFIELD |
| 8 Feb 2023 | £80,946 | £81,000 | 56 MURRAYFIELD |
| 1 Jul 2022 | £236,737 | £236,100 | WARKWORTH HOUSE THE GRANGE |
| 13 May 2022 | £96,824 | £95,000 | 53 MURRAYFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Meadow Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Meadow Close |
| Feb 2024 | Anti-social behaviour | On or near Meadow Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |
| Feb 2024 | Anti-social behaviour | On or near Meadow Close |