£114,231
This estimated value is based upon the latest sale price for the house of £68,500 on 4 Dec 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Fourth Avenue
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| Price Paid | Date |
|---|---|
| £68,500 | 4 Dec 2006 |
| Terraced |
| Freehold |
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 2006 the House Price Index for NORTHUMBERLAND was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £68,500 results in an estimated price of approximately £114,231.
| 4 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £68,500 | £45,731 | £114,231 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -0.354 % | £-242 | £68,257 |
| 3 Month Average | 7.798 % | £5,341 | £73,841 |
| 6 Month Average | 3.906 % | £2,675 | £71,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £58,508 | £58,000 | 178 CHESTNUT STREET |
| 13 Dec 2023 | £51,585 | £50,000 | 3 PONT STREET |
| 31 Oct 2023 | £66,511 | £65,000 | 177 SYCAMORE STREET |
| 27 Sep 2023 | £50,616 | £49,500 | 197 CHESTNUT STREET |
| 14 Sep 2023 | £49,082 | £48,000 | 152 MAPLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Nov 2024 | Other crime | Under investigation | On or near Fourth Avenue |
| Nov 2024 | Public order | Under investigation | On or near Fourth Avenue |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Fourth Avenue |