£443,207
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Aug 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Chapel Close
More crime details
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Aug 2005 |
| £119,000 | 20 Aug 2001 |
| 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 2005 the House Price Index for NORTHUMBERLAND was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £240,000 results in an estimated price of approximately £443,207.
| 12 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £240,000 | £203,207 | £443,207 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | 39.004 % | £93,608 | £333,608 |
| 3 Month Average | 49.814 % | £119,554 | £359,554 |
| 6 Month Average | 29.071 % | £69,771 | £309,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £177,000 | £177,000 | 17 WHITE ACRE |
| 16 May 2024 | £1,390,000 | £1,390,000 | OLD TOWN FARM |
| 3 Feb 2023 | £498,329 | £495,000 | THE BUTTER CHURN |
| 10 Nov 2022 | £223,953 | £225,000 | SCHOOL HOUSE |
| 20 Sep 2022 | £189,873 | £190,000 | THE STABLES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Chapel Close |