£60,392
This estimated value is based upon the latest sale price for the house of £20,000 on 26 Mar 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Fifteenth Avenue
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Price Paid | Date |
---|---|
£20,000 | 26 Mar 2002 |
£7,500 | 23 Dec 1998 |
Terraced |
Freehold |
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 March 2002 the House Price Index for NORTHUMBERLAND was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £20,000 results in an estimated price of approximately £60,392.
26 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £20,000 | £40,392 | £60,392 |
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 | 548.146 % | £109,629 | £129,629 |
3 Month Average | 169.309 % | £33,861 | £53,861 |
6 Month Average | 154.982 % | £30,996 | £50,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £65,842 | £65,000 | 38 SEVENTH AVENUE |
5 Jun 2023 | £116,410 | £115,000 | 32 FOURTH AVENUE |
28 Oct 2022 | £96,956 | £98,000 | 41 SEVENTH AVENUE |
18 Oct 2022 | £86,568 | £87,500 | 130 TWELFTH AVENUE |
19 Aug 2022 | £214,423 | £215,000 | 48 NEWLANDS ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Fifteenth Avenue | |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fifteenth Avenue |
Feb 2024 | Public order | Under investigation | On or near Fifteenth Avenue |
Mar 2024 | Robbery | Under investigation | On or near Sixth Avenue |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sixth Avenue |