£142,688
This estimated value is based upon the latest sale price for the house of £115,500 on 4 Oct 2019. 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 Newburgh Avenue
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Price Paid | Date |
---|---|
£115,500 | 4 Oct 2019 |
£98,000 | 13 Dec 2013 |
£120,000 | 23 May 2008 |
Leasehold |
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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £115,500 results in an estimated price of approximately £142,688.
4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £115,500 | £27,188 | £142,688 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -44.013 % | £-50,834 | £64,665 |
3 Month Average | 4.571 % | £5,280 | £120,780 |
6 Month Average | 3.675 % | £4,244 | £119,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £148,777 | £145,000 | 11 NEWBURGH AVENUE |
8 Nov 2023 | £230,860 | £225,000 | 15 ACOMB AVENUE |
25 Aug 2023 | £122,204 | £120,000 | 39 NEWBURGH AVENUE |
15 Aug 2022 | £108,507 | £108,000 | 36 NEWBURGH AVENUE |
28 Jan 2022 | £116,569 | £109,950 | 58 NEWBURGH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other crime | Under investigation | On or near Newburgh Avenue |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Newburgh Avenue |
Apr 2024 | Anti-social behaviour | On or near Bavington Road | |
Apr 2024 | Anti-social behaviour | On or near Bavington Road | |
Apr 2024 | Anti-social behaviour | On or near Bavington Road |