£168,020
This estimated value is based upon the latest sale price for the house of £97,500 on 20 Nov 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £97,500 | 20 Nov 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2009 the House Price Index for NORTHUMBERLAND was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £97,500 results in an estimated price of approximately £168,020.
| 20 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £97,500 | £70,520 | £168,020 |
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 | 26.254 % | £25,597 | £123,097 |
| 3 Month Average | -14.256 % | £-13,899 | £83,600 |
| 6 Month Average | 8.430 % | £8,219 | £105,719 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Jul 2020.
The average size of a house on ADDERLANE ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Low Close | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Low Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Low Close |
| Mar 2024 | Anti-social behaviour | On or near Adderlane Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Adderlane Road |