£108,154
This estimated value is based upon the latest sale price for the house of £87,500 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £87,500 | 13 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £87,500 results in an estimated price of approximately £108,154.
| 13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £87,500 | £20,654 | £108,154 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | -58.907 % | £-51,543 | £35,956 |
| 3 Month Average | -24.103 % | £-21,090 | £66,409 |
| 6 Month Average | -14.570 % | £-12,748 | £74,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £92,853 | £90,000 | 58 WEETWOOD AVENUE |
| 15 Sep 2023 | £204,508 | £200,000 | 23 CHURCH STREET |
| 24 Aug 2023 | £127,296 | £125,000 | 76 WEETWOOD AVENUE |
| 30 Jun 2023 | £91,840 | £90,000 | 87 WEETWOOD AVENUE |
| 24 Mar 2023 | £355,893 | £349,950 | 7 - 9 SOUTH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Jun 2019. Using an estimated price of £108,154 means this house is valued at £1,404 per sq meter (£130 per sq foot).
The average size of a house on WEETWOOD AVENUE is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weetwood Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Brewery Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brewery Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Brewery Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Brewery Road |