£144,185
This estimated value is based upon the latest sale price for the house of £107,500 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £107,500 | 12 Aug 2016 |
| Semi-Detached |
| Freehold |
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 August 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £107,500 results in an estimated price of approximately £144,185.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £107,500 | £36,685 | £144,185 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 3.241 % | £3,483 | £110,983 |
| 3 Month Average | 20.723 % | £22,277 | £129,777 |
| 6 Month Average | 29.998 % | £32,247 | £139,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2024 | £195,000 | £195,000 | 40 ST CUTHBERTS AVENUE |
| 27 Sep 2023 | £150,825 | £147,500 | 1 ANDERSON CRESCENT |
| 9 Jun 2023 | £180,620 | £177,000 | 5 ST LAWRENCE AVENUE |
| 2 Jun 2023 | £192,865 | £189,000 | 15 ANDERSON CRESCENT |
| 12 Apr 2023 | £152,859 | £150,000 | 21 WINDSOR TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Leslie Drive |