£241,019
This estimated value is based upon the latest sale price for the house of £210,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £210,000 | 17 Dec 2020 |
| £197,500 | 19 Jun 2015 |
| £67,000 | 13 Mar 2002 |
| £43,000 | 12 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 December 2020 the House Price Index for NORTHUMBERLAND was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £210,000 results in an estimated price of approximately £241,019.
| 17 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £210,000 | £31,019 | £241,019 |
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 | -53.141 % | £-111,595 | £98,404 |
| 3 Month Average | -39.172 % | £-82,261 | £127,738 |
| 6 Month Average | -19.887 % | £-41,762 | £168,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £229,007 | £225,000 | 12 PARK AVENUE |
| 14 Sep 2023 | £159,033 | £157,000 | 13 MOORLANDS |
| 2 Jun 2023 | £339,108 | £335,000 | 44 HOMEDALE |
| 22 Mar 2023 | £191,807 | £190,000 | 31 PARK AVENUE |
| 20 Feb 2023 | £149,899 | £150,000 | 2 MOORLANDS |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 9 Feb 2015. Using an estimated price of £241,020 means this house is valued at £1,288 per sq meter (£119 per sq foot).
The average size of a house on PARK AVENUE is 118 sq meters (1,272 sq feet).
This house is the largest in the street with a floor area of 187 sq meters (2,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Apr 2024 | Public order | Under investigation | On or near Homedale Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moorlands |