£6,455,652
This estimated value is based upon the latest sale price for the house of £5,800,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£5,800,000 | 26 Nov 2021 |
£3,650,000 | 17 Apr 2014 |
Detached |
Freehold |
Floor Area: 754 sq meters or 8,115 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 November 2021 the House Price Index for NORTHUMBERLAND was 92.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 11.304%.Applying this 11.304% change to the original purchase price of £5,800,000 results in an estimated price of approximately £6,455,652.
26 Nov 2021 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.0 | 102.4 | 11.304 % | £5,800,000 | £655,652 | £6,455,652 |
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 | 287.828 % | £16,694,033 | £22,494,033 |
3 Month Average | 13.864 % | £804,094 | £6,604,094 |
6 Month Average | 33.436 % | £1,939,267 | £7,739,267 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jan 2025 | £391,914 | £390,000 | 10 CROFTS WAY |
17 Jan 2025 | £296,447 | £295,000 | 14 AYDON GROVE |
15 Nov 2024 | £177,602 | £175,000 | 21 PRIMLEA COURT AYDON ROAD |
2 Oct 2024 | £356,972 | £350,000 | 22 CROFTS WAY |
11 Sep 2024 | £395,030 | £385,000 | 13 CARRSFIELD |
This house has a floor area of 754 sq meters or 8,115 sq feet when measured on 27 Jun 2012. Using an estimated price of £6,455,653 means this house is valued at £8,561 per sq meter (£795 per sq foot).
There is one other house on the street which we know the size of, this is KEEPERS COTTAGE SPOUTWELL LANE it is 152.18
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near B6530 |
Jan 2025 | Violence and sexual offences | Offender given a caution | On or near Greencroft Avenue |
Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
Nov 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Jan 2025 | Violence and sexual offences | Under investigation | On or near St Wilfred'S Road |