£188,655
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£110,000 | 10 Feb 2012 |
£130,000 | 24 Feb 2006 |
£27,000 | 31 Jul 1998 |
Semi-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 February 2012 the House Price Index for NORTHUMBERLAND was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £110,000 results in an estimated price of approximately £188,655.
10 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £110,000 | £78,655 | £188,655 |
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 | 197.279 % | £217,006 | £327,006 |
3 Month Average | 26.000 % | £28,599 | £138,599 |
6 Month Average | 22.129 % | £24,341 | £134,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jul 2023 | £172,319 | £170,000 | 3 WARKWORTH AVENUE |
11 Jul 2023 | £76,023 | £75,000 | 18 ELEVENTH AVENUE |
21 Feb 2023 | £103,430 | £103,500 | 264 PLESSEY ROAD |
1 Feb 2023 | £154,896 | £155,000 | 21 WANSBECK AVENUE |
19 Aug 2022 | £169,544 | £170,000 | 5 WARKWORTH AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Plessey Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wansbeck Avenue |
Apr 2024 | Public order | Under investigation | On or near Eleventh Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Eleventh Avenue |
Feb 2024 | Anti-social behaviour | On or near Eleventh Avenue |