£392,834
This estimated value is based upon the latest sale price for the house of £87,000 on 11 Mar 1999. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£87,000 | 11 Mar 1999 |
Detached |
Freehold |
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 1999 the House Price Index for NORTHUMBERLAND was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £87,000 results in an estimated price of approximately £392,834.
11 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.2 | 149.7 | 351.534 % | £87,000 | £305,834 | £392,834 |
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 | 110.137 % | £95,818 | £182,818 |
3 Month Average | 253.854 % | £220,852 | £307,852 |
6 Month Average | 196.896 % | £171,299 | £258,299 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £191,029 | £189,370 | 10 MELVILLE AVENUE |
31 Oct 2023 | £299,298 | £292,500 | 27 GRANGE CLOSE |
27 Oct 2023 | £276,275 | £270,000 | 44 MELVILLE AVENUE |
22 Sep 2023 | £117,592 | £115,000 | 373 PLESSEY ROAD |
3 Aug 2023 | £190,435 | £187,000 | 367 PLESSEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Farnham Grove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Barras Avenue |
Jun 2024 | Other crime | Under investigation | On or near Barras Avenue |
Jul 2024 | Bicycle theft | Under investigation | On or near Newlands Road |