£183,453
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£115,000 | 7 Feb 2014 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2014 the House Price Index for NORTHUMBERLAND was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £115,000 results in an estimated price of approximately £183,453.
7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £115,000 | £68,453 | £183,453 |
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 | 5.623 % | £6,466 | £121,466 |
3 Month Average | 37.272 % | £42,863 | £157,863 |
6 Month Average | 18.466 % | £21,236 | £136,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £175,000 | £175,000 | 12 BRINKBURN AVENUE |
18 Mar 2024 | £89,373 | £88,000 | 30 NIXON TERRACE |
27 Mar 2023 | £140,344 | £138,000 | 12 CHAMBERLAIN STREET |
5 Aug 2022 | £95,446 | £95,000 | 46 NIXON TERRACE |
18 Feb 2022 | £137,339 | £130,000 | 11 GORDON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Mar 2014. Using an estimated price of £183,453 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on BRINKBURN AVENUE is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Chamberlain Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Chamberlain Street |
May 2024 | Other theft | Under investigation | On or near Chamberlain Street |
Jun 2024 | Anti-social behaviour | On or near Ark Rise | |
Jun 2024 | Anti-social behaviour | On or near Ark Rise |