£368,011
This estimated value is based upon the latest sale price for the house of £275,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £275,000 | 16 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2016 the House Price Index for NORTHUMBERLAND was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £275,000 results in an estimated price of approximately £368,011.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £275,000 | £93,011 | £368,011 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 40.854 % | £112,348 | £387,348 |
| 3 Month Average | 53.331 % | £146,659 | £421,659 |
| 6 Month Average | 15.019 % | £41,302 | £316,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £121,073 | £118,000 | 25 BELL VIEW |
| 20 Oct 2023 | £122,789 | £120,000 | 19 BELL VIEW |
| 15 Mar 2023 | £126,106 | £124,000 | 26 EASTWOODS ROAD |
| 26 Jan 2023 | £120,321 | £120,000 | 23 COLDWELL ROAD |
| 17 Nov 2022 | £159,255 | £160,000 | 30 EASTWOODS ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 18 Mar 2016. Using an estimated price of £368,012 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on EASTWOOD VILLAS is 175 sq meters (1,888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Shoplifting | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Shoplifting | Under investigation | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |