£240,816
This estimated value is based upon the latest sale price for the house of £208,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £208,000 | 30 Jul 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 July 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £208,000 results in an estimated price of approximately £240,816.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £208,000 | £32,816 | £240,816 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 21.211 % | £44,119 | £252,119 |
| 3 Month Average | 22.667 % | £47,146 | £255,146 |
| 6 Month Average | 51.293 % | £106,688 | £314,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £1,117,164 | £1,100,000 | WYLAM WOOD HOUSE WYLAM WOOD ROAD |
| 28 Apr 2023 | £468,768 | £460,000 | 18 STEPHENSON TERRACE |
| 27 Apr 2023 | £270,051 | £265,000 | 11 WYLAM GRANGE STATION ROAD |
| 17 Mar 2023 | £920,370 | £905,000 | SHADINGFIELD ELM BANK ROAD |
| 21 Oct 2022 | £408,635 | £410,000 | 7 STEPHENSON TERRACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Apr 2019. Using an estimated price of £240,817 means this house is valued at £3,168 per sq meter (£294 per sq foot).
The average size of a house on STATION ROAD is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Station Road |