£164,330
This estimated value is based upon the latest sale price for the house of £155,000 on 27 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 27 Jan 2022 |
| £66,000 | 28 Mar 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 2022 the House Price Index for NORTHUMBERLAND was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £155,000 results in an estimated price of approximately £164,330.
| 27 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £155,000 | £9,330 | £164,330 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | -47.097 % | £-73,000 | £81,999 |
| 3 Month Average | 19.852 % | £30,770 | £185,770 |
| 6 Month Average | -5.069 % | £-7,856 | £147,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £189,950 | £189,950 | 27 RIVERSDALE AVENUE |
| 6 Oct 2023 | £53,720 | £52,500 | 14 OXFORD ROAD |
| 18 Sep 2023 | £22,496 | £22,000 | 7 RIVERSDALE HOUSE |
| 2 Jun 2023 | £165,823 | £162,500 | 20 GLENDALE AVENUE |
| 20 Feb 2023 | £35,235 | £35,000 | 11 RIVERSDALE HOUSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 14 Oct 2014. Using an estimated price of £164,331 means this house is valued at £2,738 per sq meter (£254 per sq foot).
The average size of a house on RIVERSDALE AVENUE is 85 sq meters (922 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riversdale Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossfell Gardens |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossfell Gardens |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |