£409,051
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 10 Oct 2013 |
| £172,000 | 10 May 2002 |
| £103,700 | 24 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 October 2013 the House Price Index for NORTHUMBERLAND was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £250,000 results in an estimated price of approximately £409,051.
| 10 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £250,000 | £159,051 | £409,051 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -8.372 % | £-20,930 | £229,069 |
| 3 Month Average | 29.266 % | £73,163 | £323,163 |
| 6 Month Average | 32.351 % | £80,877 | £330,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £344,404 | £340,000 | 10 LYNDALE |
| 30 Aug 2022 | £229,383 | £230,000 | 7 EASINGTON AVENUE |
| 4 Apr 2022 | £247,100 | £239,950 | 16 EASINGTON AVENUE |
| 30 Jun 2021 | £219,949 | £205,000 | 18 EASTWOOD PLACE |
| 29 Jun 2021 | £253,210 | £236,000 | 17 EASINGTON AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 16 Apr 2012. Using an estimated price of £409,051 means this house is valued at £3,246 per sq meter (£301 per sq foot).
There is one other house on the street which we know the size of, this is 5 EGREMONT WAY it is 128.26
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ellerton Way |
| Apr 2024 | Other crime | Under investigation | On or near Fern Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fern Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fern Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lapford Drive |