£188,293
This estimated value is based upon the latest sale price for the house of £139,950 on 27 Jun 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Beech Avenue
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| Price Paid | Date |
|---|---|
| £139,950 | 27 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 954 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 June 2016 the House Price Index for NORTHUMBERLAND was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £139,950 results in an estimated price of approximately £188,293.
| 27 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £139,950 | £48,343 | £188,293 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -15.940 % | £-22,308 | £117,641 |
| 3 Month Average | 22.011 % | £30,803 | £170,753 |
| 6 Month Average | 21.656 % | £30,306 | £170,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £194,416 | £190,000 | 41 BEECH AVENUE |
| 28 Oct 2022 | £133,554 | £134,000 | 8 WELDON ROAD |
| 29 Jul 2022 | £247,480 | £245,000 | 83 BEECH AVENUE |
| 1 Jul 2022 | £262,632 | £260,000 | 33 BEECH AVENUE |
| 11 Feb 2022 | £63,387 | £60,000 | 50 LANERCOST PARK |
This house has a floor area of 88 sq meters or 954 sq feet when measured on 15 Jul 2010. Using an estimated price of £188,294 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on LANERCOST PARK is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beech Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Beech Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beech Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beech Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rouen Crescent |