£279,795
This estimated value is based upon the latest sale price for the house of £162,500 on 1 Mar 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £162,500 | 1 Mar 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 104 sq meters or 1,125 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 2012 the House Price Index for NORTHUMBERLAND was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £162,500 results in an estimated price of approximately £279,795.
| 1 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £162,500 | £117,295 | £279,795 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -54.216 % | £-88,101 | £74,398 |
| 3 Month Average | 49.812 % | £80,944 | £243,444 |
| 6 Month Average | 49.514 % | £80,460 | £242,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £86,444 | £85,000 | 28 CRANBROOK DRIVE |
| 14 Nov 2022 | £154,279 | £155,000 | 9 ROWAN GROVE |
| 11 Jul 2022 | £116,164 | £115,000 | 4 WOODBURN TERRACE |
| 24 Jun 2022 | £84,302 | £82,500 | 7 WOODBURN TERRACE |
| 24 Sep 2021 | £184,547 | £170,000 | 17 ROWAN GROVE |
This house has a floor area of 104 sq meters or 1,125 sq feet when measured on 20 May 2011. Using an estimated price of £279,795 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on WESTERN AVENUE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Parking Area |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linnheads |
| Jul 2024 | Anti-social behaviour | On or near Linnheads | |
| Jul 2024 | Anti-social behaviour | On or near Linnheads |