£212,955
This estimated value is based upon the latest sale price for the house of £156,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £156,500 | 31 Mar 2016 |
| £75,000 | 23 Mar 2001 |
| £66,950 | 28 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,213 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 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £156,500 results in an estimated price of approximately £212,955.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £156,500 | £56,455 | £212,955 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 25.166 % | £39,384 | £195,884 |
| 3 Month Average | 27.188 % | £42,548 | £199,048 |
| 6 Month Average | 10.202 % | £15,965 | £172,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £194,416 | £190,000 | 41 BEECH AVENUE |
| 28 Oct 2022 | £133,554 | £134,000 | 8 WELDON ROAD |
| 29 Jul 2022 | £247,480 | £245,000 | 83 BEECH AVENUE |
| 11 Feb 2022 | £63,387 | £60,000 | 50 LANERCOST PARK |
| 29 Jan 2022 | £200,908 | £189,500 | 9 ROUEN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rouen Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Rouen Crescent |
| Jul 2024 | Vehicle crime | Under investigation | On or near Mallard Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mallard Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mallard Street |