£73,185
This estimated value is based upon the latest sale price for the house of £47,000 on 30 Apr 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £47,000 | 30 Apr 2014 |
| £45,000 | 11 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 808 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 2014 the House Price Index for NORTHUMBERLAND was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £47,000 results in an estimated price of approximately £73,185.
| 30 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £47,000 | £26,185 | £73,185 |
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 | 164.625 % | £77,373 | £124,373 |
| 3 Month Average | 20.014 % | £9,406 | £56,406 |
| 6 Month Average | 10.976 % | £5,158 | £52,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £177,387 | £175,000 | 4 CHESTER GROVE |
| 14 Jul 2023 | £116,569 | £115,000 | 22 CRASTER CLOSE |
| 27 Jun 2023 | £70,853 | £69,995 | 71 FALLOW PARK AVENUE |
| 27 Feb 2023 | £49,966 | £50,000 | 23 WEST COURT |
| 8 Jul 2022 | £105,283 | £105,000 | 11 BOTHAL CLOSE |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 8 Aug 2011. Using an estimated price of £73,186 means this house is valued at £974 per sq meter (£90 per sq foot).
The average size of a house on FALLOW PARK AVENUE is 71 sq meters (767 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hargrave Court | |
| Apr 2024 | Anti-social behaviour | On or near Hargrave Court | |
| Feb 2024 | Anti-social behaviour | On or near Hargrave Court | |
| Feb 2024 | Anti-social behaviour | On or near Hargrave Court | |
| Feb 2024 | Anti-social behaviour | On or near Hargrave Court |