£250,081
This estimated value is based upon the latest sale price for the house of £204,400 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£204,400 | 17 Feb 2020 |
£170,000 | 30 Jan 2015 |
£185,000 | 27 Jan 2010 |
£55,000 | 5 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 145 sq meters or 1,567 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £204,400 results in an estimated price of approximately £250,081.
17 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £204,400 | £45,681 | £250,081 |
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 | 124.361 % | £254,193 | £458,593 |
3 Month Average | 11.729 % | £23,974 | £228,374 |
6 Month Average | 10.929 % | £22,338 | £226,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £249,363 | £245,000 | 18 RIDLEY AVENUE |
7 Jun 2023 | £151,839 | £150,000 | RIDLEY HOUSE RIDLEY AVENUE |
24 Feb 2023 | £296,800 | £297,000 | HOLMVILLE RIDLEY AVENUE |
14 Jul 2022 | £300,810 | £300,000 | 15 RIDLEY AVENUE |
9 Jun 2022 | £172,437 | £170,000 | 43 PARK ROAD |
This house has a floor area of 145 sq meters or 1,567 sq feet when measured on 18 Feb 2011. Using an estimated price of £250,081 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on RIDLEY AVENUE is 161 sq meters (1,742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Horton Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Horton Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Horton Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Horton Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Horton Street |