£424,490
This estimated value is based upon the latest sale price for the house of £249,000 on 2 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £249,000 | 2 Nov 2012 |
| £117,000 | 17 Sep 1999 |
| 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 November 2012 the House Price Index for NORTHUMBERLAND was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £249,000 results in an estimated price of approximately £424,490.
| 2 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £249,000 | £175,490 | £424,490 |
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 | -21.354 % | £-53,171 | £195,828 |
| 3 Month Average | 15.703 % | £39,101 | £288,101 |
| 6 Month Average | 70.240 % | £174,897 | £423,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £620,000 | £620,000 | BLACK BULL INN MAIN ROAD |
| 16 May 2024 | £370,000 | £370,000 | 16 WOODCROFT ROAD |
| 22 Mar 2024 | £313,822 | £309,000 | 6 ALGERNON TERRACE |
| 11 Dec 2023 | £432,283 | £419,000 | 11 WOODCROFT ROAD |
| 27 Sep 2023 | £332,326 | £325,000 | 4 WOODVALE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Aug 2024 | Anti-social behaviour | On or near Main Road |