£618,540
This estimated value is based upon the latest sale price for the house of £550,000 on 1 Apr 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £550,000 | 1 Apr 2021 |
| £360,000 | 21 Aug 2020 |
| 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 April 2021 the House Price Index for NORTHUMBERLAND was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £550,000 results in an estimated price of approximately £618,540.
| 1 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £550,000 | £68,540 | £618,540 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 82.876 % | £455,816 | £1,005,816 |
| 3 Month Average | -17.794 % | £-97,869 | £452,130 |
| 6 Month Average | 1.578 % | £8,680 | £558,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £69,821 | £68,500 | 21 SIDNEY GARDENS |
| 14 Jul 2023 | £121,146 | £120,000 | 4 SIDNEY GARDENS |
| 27 Apr 2023 | £68,509 | £68,000 | 16 TWEEDY STREET |
| 25 Mar 2023 | £140,761 | £140,000 | 9 SIDNEY GARDENS |
| 14 Feb 2023 | £84,600 | £85,000 | 12 SIDNEY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Taylor Street |
| Apr 2024 | Anti-social behaviour | On or near Taylor Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Taylor Street |
| Apr 2024 | Robbery | Under investigation | On or near Tweedy Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tweedy Street |