£234,194
This estimated value is based upon the latest sale price for the house of £139,950 on 5 Jul 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£139,950 | 5 Jul 2013 |
£130,000 | 31 Oct 2008 |
£140,000 | 17 Nov 2006 |
£116,500 | 10 Oct 2003 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,012 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 July 2013 the House Price Index for NORTHUMBERLAND was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £139,950 results in an estimated price of approximately £234,194.
5 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £139,950 | £94,244 | £234,194 |
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 | -8.362 % | £-11,703 | £128,246 |
3 Month Average | 42.758 % | £59,840 | £199,790 |
6 Month Average | 23.806 % | £33,316 | £173,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £206,340 | £200,000 | 80A BARRAS AVENUE WEST |
17 Oct 2023 | £153,486 | £150,000 | 94 BARRAS AVENUE WEST |
14 Aug 2023 | £168,031 | £165,000 | 50 BARRAS AVENUE WEST |
22 Mar 2023 | £127,123 | £125,000 | 79A BARRAS AVENUE WEST |
8 Feb 2023 | £151,009 | £150,000 | 92 BARRAS AVENUE WEST |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 27 Jul 2011. Using an estimated price of £234,195 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on FAIRFIELD AVENUE is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Farnham Grove |
Jul 2024 | Vehicle crime | Under investigation | On or near Barras Avenue West |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barras Avenue West |
Jul 2024 | Other crime | Under investigation | On or near Barras Avenue West |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barras Avenue West |