£152,440
This estimated value is based upon the latest sale price for the house of £122,500 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £122,500 | 22 Feb 2019 |
| £39,000 | 27 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £122,500 results in an estimated price of approximately £152,440.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £122,500 | £29,940 | £152,440 |
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 | -12.015 % | £-14,717 | £107,782 |
| 3 Month Average | 34.205 % | £41,900 | £164,400 |
| 6 Month Average | 15.031 % | £18,412 | £140,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £147,263 | £145,000 | 333 PLESSEY ROAD |
| 1 Mar 2024 | £172,653 | £170,000 | 9 CARRICK DRIVE |
| 8 Sep 2023 | £245,410 | £240,000 | 39 BANBURY WAY |
| 29 Aug 2023 | £198,582 | £195,000 | 22 CARRICK DRIVE |
| 30 Jun 2023 | £244,908 | £240,000 | 3 CARRICK DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Apr 2013. Using an estimated price of £152,440 means this house is valued at £1,732 per sq meter (£160 per sq foot).
The average size of a house on BARRAS AVENUE is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Barras Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Barras Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banbury Way |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bromley Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bromley Gardens |