£75,237
This estimated value is based upon the latest sale price for the house of £25,000 on 9 Apr 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Third Avenue
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| Price Paid | Date |
|---|---|
| £25,000 | 9 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2002 the House Price Index for NORTHUMBERLAND was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £25,000 results in an estimated price of approximately £75,237.
| 9 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £25,000 | £50,237 | £75,237 |
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 | 162.079 % | £40,519 | £65,519 |
| 3 Month Average | 160.527 % | £40,131 | £65,131 |
| 6 Month Average | 158.439 % | £39,609 | £64,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £30,468 | £30,000 | 102 KATHERINE STREET |
| 15 Sep 2023 | £63,909 | £62,500 | 101 KATHERINE STREET |
| 10 Oct 2022 | £65,382 | £65,600 | 88 BEATRICE STREET |
| 23 May 2022 | £49,284 | £48,000 | 85 BEATRICE STREET |
| 6 May 2022 | £46,204 | £45,000 | 41 BEATRICE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Mar 2014. Using an estimated price of £75,237 means this house is valued at £952 per sq meter (£88 per sq foot).
The average size of a house on BEATRICE STREET is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Third Avenue |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Nov 2024 | Public order | Under investigation | On or near Third Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Third Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |