£65,348
This estimated value is based upon the latest sale price for the house of £20,000 on 5 Oct 2001. 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 |
|---|---|
| £20,000 | 5 Oct 2001 |
| Terraced |
| 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 2001 the House Price Index for NORTHUMBERLAND was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £20,000 results in an estimated price of approximately £65,348.
| 5 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £20,000 | £45,348 | £65,348 |
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 | 166.486 % | £33,297 | £53,297 |
| 3 Month Average | 176.855 % | £35,371 | £55,371 |
| 6 Month Average | 159.588 % | £31,917 | £51,917 |
| 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 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Dec 2012. Using an estimated price of £65,348 means this house is valued at £859 per sq meter (£79 per sq foot).
The average size of a house on MAPLE STREET is 82 sq meters (887 sq feet).
| 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 |