£293,788
This estimated value is based upon the latest sale price for the house of £172,500 on 2 Aug 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £172,500 | 2 Aug 2012 |
| £119,500 | 7 Dec 2001 |
| £80,000 | 14 Jul 2000 |
| Detached |
| 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 August 2012 the House Price Index for NORTHUMBERLAND was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £172,500 results in an estimated price of approximately £293,788.
| 2 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £172,500 | £121,288 | £293,788 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 145.564 % | £251,098 | £423,598 |
| 3 Month Average | 132.348 % | £228,300 | £400,800 |
| 6 Month Average | 85.750 % | £147,919 | £320,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £217,933 | £215,000 | 4 WELL CLOSE SQUARE |
| 25 Apr 2023 | £164,774 | £163,000 | APARTMENT 4 2 CHAPEL STREET |
| 31 Mar 2023 | £166,266 | £164,700 | 2 WELL CLOSE SQUARE |
| 30 Nov 2022 | £123,504 | £125,000 | 100 MARYGATE |
| 4 Feb 2022 | £93,334 | £89,000 | 4 COXONS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hatters Lane |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Greenside Avenue |