£80,382
This estimated value is based upon the latest sale price for the house of £77,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £77,000 | 24 Mar 2022 |
| £59,950 | 30 Jan 2004 |
| £41,000 | 6 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2022 the House Price Index for NORTHUMBERLAND was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £77,000 results in an estimated price of approximately £80,382.
| 24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £77,000 | £3,382 | £80,382 |
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 | -4.252 % | £-3,274 | £73,725 |
| 3 Month Average | 13.940 % | £10,733 | £87,733 |
| 6 Month Average | 17.484 % | £13,462 | £90,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £239,316 | £235,000 | 45 HEATHER LEA |
| 20 Jun 2023 | £193,885 | £190,000 | 12 HEATHER LEA |
| 17 Jan 2023 | £80,214 | £80,000 | 7 GLENDALE AVENUE |
| 18 Nov 2022 | £211,959 | £212,950 | 2A MANSEL TERRACE |
| 14 Oct 2022 | £111,627 | £112,000 | 1 AVONDALE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Nov 2018. Using an estimated price of £80,383 means this house is valued at £1,164 per sq meter (£108 per sq foot).
The average size of a house on AVONDALE AVENUE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Glendale Avenue |
| Jul 2024 | Anti-social behaviour | On or near Kitty Brewster Road | |
| Jun 2024 | Anti-social behaviour | On or near Kitty Brewster Road | |
| Jun 2024 | Anti-social behaviour | On or near Kitty Brewster Road | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near A189 |