£107,440
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Oct 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £105,000 | 30 Oct 2023 |
| £98,000 | 11 Oct 2021 |
| £69,000 | 9 Sep 2011 |
| £75,000 | 30 May 2008 |
| £20,000 | 15 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2023 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £105,000 results in an estimated price of approximately £107,440.
| 30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £105,000 | £2,440 | £107,440 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 33.984 % | £35,682 | £140,682 |
| 3 Month Average | 0.873 % | £916 | £105,916 |
| 6 Month Average | 14.994 % | £15,743 | £120,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £176,533 | £175,000 | 16 NORTH VIEW |
| 4 Dec 2023 | £115,551 | £112,000 | 10 MAITLAND TERRACE |
| 1 Dec 2023 | £91,821 | £89,000 | 6 MAITLAND TERRACE |
| 20 Nov 2023 | £153,907 | £150,000 | 27 NORTH VIEW |
| 30 Oct 2023 | £107,440 | £105,000 | 19 NORTHUMBERLAND AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Jun 2021. Using an estimated price of £107,440 means this house is valued at £1,413 per sq meter (£131 per sq foot).
The average size of a house on NORTHUMBERLAND AVENUE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westmorland Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maitland Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maitland Terrace |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleveland Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Avenue |