£250,986
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£160,000 | 11 Apr 2014 |
£167,000 | 20 Dec 2007 |
£74,000 | 30 Apr 2001 |
£64,000 | 16 Jul 1999 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £160,000 results in an estimated price of approximately £250,986.
11 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £160,000 | £90,986 | £250,986 |
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 | -1.351 % | £-2,162 | £157,837 |
3 Month Average | 48.741 % | £77,985 | £237,985 |
6 Month Average | 20.785 % | £33,256 | £193,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £206,340 | £200,000 | 80A BARRAS AVENUE WEST |
17 Oct 2023 | £153,486 | £150,000 | 94 BARRAS AVENUE WEST |
14 Aug 2023 | £168,031 | £165,000 | 50 BARRAS AVENUE WEST |
22 Mar 2023 | £127,123 | £125,000 | 79A BARRAS AVENUE WEST |
8 Feb 2023 | £151,009 | £150,000 | 92 BARRAS AVENUE WEST |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Oct 2018. Using an estimated price of £250,987 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on FAIRFIELD AVENUE is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Farnham Grove |
Jul 2024 | Vehicle crime | Under investigation | On or near Barras Avenue West |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barras Avenue West |
Jul 2024 | Other crime | Under investigation | On or near Barras Avenue West |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barras Avenue West |