£101,189
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £80,000 | 23 Jun 2017 |
| £62,000 | 9 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2017 the House Price Index for NORTHUMBERLAND was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £80,000 results in an estimated price of approximately £101,189.
| 23 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £80,000 | £21,189 | £101,189 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 28.946 % | £23,156 | £103,156 |
| 3 Month Average | 8.698 % | £6,958 | £86,958 |
| 6 Month Average | 41.479 % | £33,183 | £113,183 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 Nov 2014.
There is one other house on the street which we know the size of, this is 11 CUMBERLAND AVENUE it is 74.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Northumberland Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Northumberland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Avenue |