£86,276
This estimated value is based upon the latest sale price for the house of £65,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 18 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2016 the House Price Index for NORTHUMBERLAND was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £65,000 results in an estimated price of approximately £86,276.
| 18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £65,000 | £21,276 | £86,276 |
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 | 13.943 % | £9,062 | £74,062 |
| 3 Month Average | 48.674 % | £31,638 | £96,638 |
| 6 Month Average | 19.698 % | £12,803 | £77,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £83,280 | £82,000 | 1 BROOKSIDE AVENUE |
| 3 Nov 2023 | £130,308 | £127,000 | 92 TYNEDALE DRIVE |
| 27 Oct 2023 | £133,021 | £130,000 | 75 RAVENSDALE GROVE |
| 24 Aug 2023 | £101,837 | £100,000 | 71 DEVONWORTH PLACE |
| 23 Jun 2023 | £45,920 | £45,000 | 9 BROOKSIDE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Apr 2012. Using an estimated price of £86,276 means this house is valued at £1,198 per sq meter (£111 per sq foot).
There is one other house on the street which we know the size of, this is 5 MALTON CLOSE it is 87.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ravensdale Grove |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ravensdale Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ravensdale Grove |
| Jul 2024 | Anti-social behaviour | On or near Hartleigh Place | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hartleigh Place |