£117,739
This estimated value is based upon the latest sale price for the house of £68,500 on 20 Apr 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £68,500 | 20 Apr 2012 |
| £43,520 | 17 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2012 the House Price Index for NORTHUMBERLAND was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £68,500 results in an estimated price of approximately £117,739.
| 20 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £68,500 | £49,239 | £117,739 |
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 | -3.633 % | £-2,488 | £66,011 |
| 3 Month Average | 49.069 % | £33,612 | £102,112 |
| 6 Month Average | 31.164 % | £21,347 | £89,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £66,465 | £65,000 | 38 SEVENTH AVENUE |
| 10 Mar 2023 | £106,783 | £105,000 | 43 NINTH AVENUE |
| 24 Feb 2023 | £95,639 | £95,000 | 23 TENTH AVENUE |
| 28 Oct 2022 | £97,674 | £98,000 | 41 SEVENTH AVENUE |
| 22 Jul 2022 | £116,164 | £115,000 | 26 FOURTH AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 May 2010. Using an estimated price of £117,740 means this house is valued at £1,590 per sq meter (£147 per sq foot).
The average size of a house on TWELFTH AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Twelfth Avenue |
| May 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| May 2024 | Anti-social behaviour | On or near Twelfth Avenue |