£218,967
This estimated value is based upon the latest sale price for the house of £127,000 on 22 Dec 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £127,000 | 22 Dec 2010 |
| £113,500 | 9 Jan 2004 |
| £43,750 | 1 Oct 1998 |
| £55,000 | 15 Aug 1996 |
| Semi-Detached |
| 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 December 2010 the House Price Index for NORTHUMBERLAND was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £127,000 results in an estimated price of approximately £218,967.
| 22 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £127,000 | £91,967 | £218,967 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -10.882 % | £-13,819 | £113,180 |
| 3 Month Average | 10.228 % | £12,989 | £139,989 |
| 6 Month Average | 14.605 % | £18,548 | £145,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £211,840 | £210,000 | 35 HOTSPUR AVENUE |
| 18 Dec 2023 | £196,023 | £190,000 | 37 HOTSPUR AVENUE |
| 30 Jun 2023 | £308,176 | £302,000 | 14 CHURCH LANE |
| 19 Apr 2023 | £163,050 | £160,000 | 30 HOTSPUR AVENUE |
| 19 Apr 2023 | £336,290 | £330,000 | 15 CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Russell Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Russell Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Russell Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Russell Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Russell Terrace |