£79,772
This estimated value is based upon the latest sale price for the house of £53,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£53,000 | 1 Sep 2014 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 September 2014 the House Price Index for NORTHUMBERLAND was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £53,000 results in an estimated price of approximately £79,772.
1 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £53,000 | £26,772 | £79,772 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -26.957 % | £-14,286 | £38,713 |
3 Month Average | -23.934 % | £-12,685 | £40,314 |
6 Month Average | 6.251 % | £3,312 | £56,312 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £84,018 | £83,000 | 28 THIRD AVENUE |
24 Feb 2023 | £86,941 | £87,000 | 23 THIRD AVENUE |
6 May 2022 | £56,056 | £55,000 | 121 JULIET STREET |
28 Mar 2022 | £82,901 | £80,000 | 99 ARIEL STREET |
25 Mar 2022 | £15,544 | £15,000 | 81A JULIET STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Apr 2014. Using an estimated price of £79,772 means this house is valued at £1,139 per sq meter (£105 per sq foot).
The average size of a house on THIRD AVENUE is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Offender given a caution | On or near Welfare Crescent |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welfare Crescent |
Apr 2024 | Anti-social behaviour | On or near Welfare Crescent | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Welfare Crescent |
Apr 2024 | Other crime | Under investigation | On or near Welfare Crescent |