£47,629
This estimated value is based upon the latest sale price for the house of £12,500 on 12 May 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near First Avenue
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £12,500 | 12 May 2000 |
| Terraced |
| 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 May 2000 the House Price Index for NORTHUMBERLAND was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £12,500 results in an estimated price of approximately £47,629.
| 12 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £12,500 | £35,129 | £47,629 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 116.570 % | £14,571 | £27,071 |
| 3 Month Average | 119.411 % | £14,926 | £27,426 |
| 6 Month Average | 126.598 % | £15,824 | £28,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £64,000 | £64,000 | 12 KATHERINE STREET |
| 21 May 2024 | £39,999 | £39,999 | 14 KATHERINE STREET |
| 10 Nov 2023 | £58,998 | £57,500 | 11 PORTIA STREET |
| 6 Mar 2023 | £36,103 | £35,500 | 55 CASTLE TERRACE |
| 18 Jan 2023 | £53,142 | £53,000 | 31 CASTLE TERRACE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Jul 2013. Using an estimated price of £47,629 means this house is valued at £523 per sq meter (£48 per sq foot).
The average size of a house on PORTIA STREET is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near First Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
| Jul 2024 | Public order | Under investigation | On or near First Avenue |
| Jul 2024 | Burglary | Under investigation | On or near First Avenue |