£141,045
This estimated value is based upon the latest sale price for the house of £81,000 on 22 Aug 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£81,000 | 22 Aug 2011 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 789 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 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £81,000 results in an estimated price of approximately £141,045.
22 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £81,000 | £60,045 | £141,045 |
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 | 15.458 % | £12,521 | £93,521 |
3 Month Average | 44.429 % | £35,987 | £116,987 |
6 Month Average | 24.746 % | £20,044 | £101,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £117,673 | £115,000 | 278 PLESSEY ROAD |
1 Sep 2023 | £66,465 | £65,000 | 38 SEVENTH AVENUE |
5 Jun 2023 | £117,352 | £115,000 | 32 FOURTH AVENUE |
10 Mar 2023 | £106,783 | £105,000 | 43 NINTH AVENUE |
24 Feb 2023 | £95,639 | £95,000 | 23 TENTH AVENUE |
This house has a floor area of 73 sq meters or 789 sq feet when measured on 2 Apr 2011. Using an estimated price of £141,045 means this house is valued at £1,923 per sq meter (£178 per sq foot).
The average size of a house on SEVENTH AVENUE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Tenth Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Seventh Avenue |
May 2024 | Public order | Under investigation | On or near Seventh Avenue |
Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue |