£567,609
This estimated value is based upon the latest sale price for the house of £440,000 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £440,000 | 20 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 January 2017 the House Price Index for NORTHUMBERLAND was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £440,000 results in an estimated price of approximately £567,609.
| 20 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £440,000 | £127,609 | £567,609 |
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 | 21.157 % | £93,091 | £533,091 |
| 3 Month Average | 4.638 % | £20,405 | £460,405 |
| 6 Month Average | 9.700 % | £42,680 | £482,680 |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 9 Jun 2016.
The average size of a house on COTTINGWOOD LANE is 185 sq meters (1,999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottingvale |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cottingvale |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cottinglea |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bullers Green |
| Mar 2024 | Public order | Under investigation | On or near Bullers Green |