£515,923
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Mar 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £350,000 | 19 Mar 2015 |
| £450,000 | 1 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 671 sq meters or 7,223 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 March 2015 the House Price Index for NORTHUMBERLAND was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £350,000 results in an estimated price of approximately £515,923.
| 19 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £350,000 | £165,923 | £515,923 |
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 | 134.565 % | £470,978 | £820,978 |
| 3 Month Average | 10.928 % | £38,248 | £388,248 |
| 6 Month Average | 5.046 % | £17,659 | £367,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £183,219 | £181,000 | 38 DRAKE AVENUE |
| 28 Oct 2022 | £103,881 | £105,000 | 1 VIKING COURT |
| 19 Oct 2022 | £108,828 | £110,000 | 11 ROTHA COURT |
| 12 May 2022 | £134,535 | £132,000 | 4 REEF COURT |
| 11 Mar 2022 | £108,808 | £105,000 | 5 ROTHA COURT |
This house has a floor area of 671 sq meters or 7,223 sq feet when measured on 23 Apr 2010. Using an estimated price of £515,924 means this house is valued at £768 per sq meter (£71 per sq foot).
The average size of a house on BEACHWAY is 301 sq meters (3,250 sq feet).
This house is the largest in the street with a floor area of 671 sq meters (7,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Links Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Links Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Links Road |
| Apr 2024 | Anti-social behaviour | On or near Elfin Way | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otus Grove |