£606,902
This estimated value is based upon the latest sale price for the house of £356,000 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £356,000 | 23 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,421 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 November 2012 the House Price Index for NORTHUMBERLAND was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £356,000 results in an estimated price of approximately £606,902.
| 23 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £356,000 | £250,902 | £606,902 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 90.608 % | £322,564 | £678,564 |
| 3 Month Average | 53.072 % | £188,935 | £544,935 |
| 6 Month Average | 30.226 % | £107,604 | £463,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £323,344 | £316,000 | 16 OLYMPIA GARDENS |
| 10 Oct 2023 | £278,321 | £272,000 | 16 FENWICK GROVE |
| 29 Sep 2023 | £393,678 | £385,000 | 23 FENWICK GROVE |
| 3 Feb 2023 | £1,006,725 | £1,000,000 | 6 THORP AVENUE |
| 20 Jan 2023 | £300,804 | £300,000 | 12 FENWICK GROVE |
This house has a floor area of 225 sq meters or 2,421 sq feet when measured on 16 Aug 2012. Using an estimated price of £606,903 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on THORP AVENUE is 213 sq meters (2,300 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Easterfield Court |
| Jul 2024 | Anti-social behaviour | On or near Easterfield Court | |
| Jul 2024 | Anti-social behaviour | On or near Easterfield Court | |
| Jul 2024 | Anti-social behaviour | On or near Easterfield Court | |
| Jul 2024 | Anti-social behaviour | On or near Easterfield Court |