£148,428
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2018 the House Price Index for NORTHUMBERLAND was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £120,000 results in an estimated price of approximately £148,428.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £120,000 | £28,428 | £148,428 |
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 | 151.400 % | £181,680 | £301,680 |
| 3 Month Average | 7.179 % | £8,614 | £128,614 |
| 6 Month Average | 5.784 % | £6,940 | £126,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £111,959 | £110,000 | 17 PLESSEY AVENUE |
| 21 Sep 2023 | £83,062 | £82,000 | 36 ROBERT STREET |
| 17 Feb 2023 | £43,970 | £44,000 | 81 WILLIAM STREET |
| 13 Jan 2023 | £56,733 | £57,000 | 45 WILLIAM STREET |
| 28 Oct 2022 | £124,103 | £125,439 | 46 WILLIAM STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 May 2018. Using an estimated price of £148,428 means this house is valued at £1,441 per sq meter (£133 per sq foot).
The average size of a house on PLESSEY AVENUE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near B1327 | |
| Apr 2024 | Anti-social behaviour | On or near B1327 | |
| Apr 2024 | Anti-social behaviour | On or near B1327 | |
| Mar 2024 | Anti-social behaviour | On or near B1327 | |
| Mar 2024 | Anti-social behaviour | On or near B1327 |