£126,360
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£125,000 | 28 Apr 2023 |
£53,000 | 12 Apr 2019 |
£48,000 | 7 Feb 2005 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2023 the House Price Index for NORTHUMBERLAND was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £125,000 results in an estimated price of approximately £126,360.
28 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £125,000 | £1,360 | £126,360 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -27.782 % | £-34,727 | £90,272 |
3 Month Average | 14.715 % | £18,394 | £143,394 |
6 Month Average | 8.359 % | £10,449 | £135,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £87,023 | £85,500 | 75 AVEBURY PLACE |
9 Aug 2023 | £371,248 | £368,000 | 16 LAPFORD DRIVE |
28 Apr 2023 | £126,361 | £125,000 | 7 AVEBURY PLACE |
12 Apr 2023 | £116,252 | £115,000 | 60 AVEBURY PLACE |
10 Mar 2023 | £203,921 | £202,000 | 3 MEDWAY PLACE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Nov 2019. Using an estimated price of £126,361 means this house is valued at £1,388 per sq meter (£129 per sq foot).
The average size of a house on AVEBURY PLACE is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Avebury Place |
Mar 2024 | Public order | Under investigation | On or near Durham Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Square |
Apr 2024 | Anti-social behaviour | On or near Abingdon Square | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abingdon Square |