£41,019
This estimated value is based upon the latest sale price for the house of £31,500 on 12 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £31,500 | 12 Apr 2017 |
| £32,000 | 14 Aug 2015 |
| £50,000 | 12 Nov 2004 |
| £22,000 | 11 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £31,500 results in an estimated price of approximately £41,019.
| 12 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £31,500 | £9,519 | £41,019 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -2.697 % | £-849 | £30,650 |
| 3 Month Average | 36.810 % | £11,595 | £43,095 |
| 6 Month Average | 25.975 % | £8,182 | £39,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £113,487 | £110,000 | 1 HOLLYMOUNT AVENUE |
| 6 Nov 2023 | £54,893 | £53,500 | 1 ROSALIND AVENUE |
| 27 Oct 2023 | £143,254 | £140,000 | 53 HOLLYMOUNT SQUARE |
| 15 Sep 2023 | £66,414 | £64,950 | 30 LILY AVENUE |
| 1 Sep 2023 | £61,352 | £60,000 | 35 ROSALIND AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 May 2018. Using an estimated price of £41,019 means this house is valued at £621 per sq meter (£57 per sq foot).
The average size of a house on CORNWELL CRESCENT is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | Under investigation | On or near Cornwell Crescent |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornwell Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beatty Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beatty Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beatty Road |