£448,908
This estimated value is based upon the latest sale price for the house of £80,000 on 24 May 1996. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £80,000 | 24 May 1996 |
| £47,000 | 17 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 May 1996 the House Price Index for NORTHUMBERLAND was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £80,000 results in an estimated price of approximately £448,908.
| 24 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £80,000 | £368,908 | £448,908 |
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 | 160.220 % | £128,175 | £208,175 |
| 3 Month Average | 222.380 % | £177,904 | £257,904 |
| 6 Month Average | 237.403 % | £189,922 | £269,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £159,359 | £157,000 | 4 PEARSONS TERRACE |
| 5 Sep 2023 | £113,451 | £112,000 | 11 RYE TERRACE |
| 30 Jun 2023 | £293,556 | £290,000 | 7 CRESCENT AVENUE |
| 10 Dec 2021 | £123,208 | £115,000 | 7 RYE TERRACE |
| 22 Oct 2021 | £154,907 | £140,000 | 6 PEARSONS TERRACE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 19 Mar 2020. Using an estimated price of £448,909 means this house is valued at £2,972 per sq meter (£276 per sq foot).
The average size of a house on CRESCENT AVENUE is 161 sq meters (1,740 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crescent Avenue |
| Mar 2024 | Anti-social behaviour | On or near Police Station | |
| Feb 2024 | Public order | Under investigation | On or near Police Station |
| Jan 2024 | Possession of weapons | Offender given a caution | On or near Police Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |