£92,384
This estimated value is based upon the latest sale price for the house of £30,000 on 25 Feb 2002. 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 Hudson Avenue
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| Price Paid | Date |
|---|---|
| £30,000 | 25 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2002 the House Price Index for NORTHUMBERLAND was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £30,000 results in an estimated price of approximately £92,384.
| 25 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £30,000 | £62,384 | £92,384 |
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 | 151.621 % | £45,486 | £75,486 |
| 3 Month Average | 114.831 % | £34,449 | £64,449 |
| 6 Month Average | 164.106 % | £49,231 | £79,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £113,997 | £113,000 | 15 ALFRED AVENUE |
| 24 Feb 2023 | £31,978 | £32,000 | 34 ALFRED AVENUE |
| 14 Feb 2023 | £97,434 | £97,500 | 18 MILLBANK PLACE |
| 14 Feb 2023 | £59,960 | £60,000 | 23A ALLGOOD TERRACE |
| 27 Jan 2023 | £199,062 | £200,000 | 66 STEAD LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Dec 2014. Using an estimated price of £92,385 means this house is valued at £1,199 per sq meter (£111 per sq foot).
The average size of a house on MILLBANK PLACE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Hudson Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hudson Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hudson Avenue |