£798,994
This estimated value is based upon the latest sale price for the house of £640,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £640,000 | 6 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 242 sq meters or 2,604 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 July 2018 the House Price Index for NORTHUMBERLAND was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £640,000 results in an estimated price of approximately £798,994.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £640,000 | £158,994 | £798,994 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | -32.137 % | £-205,674 | £434,325 |
| 3 Month Average | -0.702 % | £-4,495 | £635,504 |
| 6 Month Average | 19.542 % | £125,067 | £765,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £1,117,164 | £1,100,000 | WYLAM WOOD HOUSE WYLAM WOOD ROAD |
| 27 Apr 2023 | £270,051 | £265,000 | 11 WYLAM GRANGE STATION ROAD |
| 17 Mar 2023 | £920,370 | £905,000 | SHADINGFIELD ELM BANK ROAD |
| 12 Sep 2022 | £921,384 | £922,000 | DALRY ELM BANK ROAD |
| 19 Aug 2022 | £286,339 | £285,000 | 8 WYLAM GRANGE STATION ROAD |
This house has a floor area of 242 sq meters or 2,604 sq feet when measured on 2 Feb 2017. Using an estimated price of £798,994 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on THE CRESCENT is 273 sq meters (2,938 sq feet).
This house is the largest in the street with a floor area of 242 sq meters (2,604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Station Road |