£512,709
This estimated value is based upon the latest sale price for the house of £280,000 on 1 Jul 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £280,000 | 1 Jul 2005 |
| £121,005 | 18 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 2005 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.110%.Applying this 83.110% change to the original purchase price of £280,000 results in an estimated price of approximately £512,709.
| 1 Jul 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.0 | 83.110 % | £280,000 | £232,709 | £512,709 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 18.141 % | £50,794 | £330,794 |
| 3 Month Average | 12.786 % | £35,800 | £315,800 |
| 6 Month Average | 28.631 % | £80,166 | £360,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £159,042 | £157,000 | 4 PEARSONS TERRACE |
| 30 Jun 2023 | £292,371 | £290,000 | 7 CRESCENT AVENUE |
| 10 Dec 2021 | £122,711 | £115,000 | 7 RYE TERRACE |
| 22 Oct 2021 | £154,281 | £140,000 | 6 PEARSONS TERRACE |
| 30 Sep 2021 | £461,494 | £430,000 | 4 SHAFTOE LEAZES |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 10 Sep 2018. Using an estimated price of £512,709 means this house is valued at £3,487 per sq meter (£324 per sq foot).
The average size of a house on CRESCENT AVENUE is 161 sq meters (1,740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Police Station | |
| Mar 2024 | Anti-social behaviour | On or near Police Station | |
| Feb 2024 | Public order | Under investigation | On or near Police Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Police Station |