£489,815
This estimated value is based upon the latest sale price for the house of £480,000 on 19 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £480,000 | 19 Jun 2023 |
| £250,000 | 1 Sep 2006 |
| £129,500 | 19 Apr 2000 |
| £23,000 | 13 Oct 1995 |
| 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 June 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £480,000 results in an estimated price of approximately £489,815.
| 19 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £480,000 | £9,815 | £489,815 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | -18.588 % | £-89,224 | £390,775 |
| 3 Month Average | 10.494 % | £50,371 | £530,371 |
| 6 Month Average | 8.703 % | £41,775 | £521,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2024 | £400,000 | £400,000 | 2 COTTINGLEA |
| 10 Apr 2024 | £464,030 | £460,000 | BOLLAND HOUSE BULLERS GREEN |
| 25 Mar 2024 | £164,528 | £162,000 | 122 NEWGATE STREET |
| 20 Sep 2023 | £358,912 | £351,000 | 18 COTTINGWOOD GARDENS |
| 24 Aug 2023 | £234,224 | £230,000 | FLAT 13 42A BULLERS GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottingvale |
| Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bullers Green |