£50,649
This estimated value is based upon the latest sale price for the house of £41,000 on 10 Jan 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £41,000 | 10 Jan 2019 |
| £53,000 | 31 Jul 2003 |
| £10,000 | 21 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £41,000 results in an estimated price of approximately £50,649.
| 10 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £41,000 | £9,649 | £50,649 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 32.158 % | £13,184 | £54,184 |
| 3 Month Average | -2.658 % | £-1,089 | £39,910 |
| 6 Month Average | 17.130 % | £7,023 | £48,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £65,791 | £64,950 | 30 LILY AVENUE |
| 25 Aug 2023 | £113,997 | £113,000 | 15 ALFRED AVENUE |
| 27 Apr 2023 | £50,544 | £50,000 | 34 HAIG ROAD |
| 24 Feb 2023 | £31,978 | £32,000 | 34 ALFRED AVENUE |
| 22 Jun 2022 | £63,903 | £63,000 | 4 LILY AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 Oct 2018. Using an estimated price of £50,650 means this house is valued at £779 per sq meter (£72 per sq foot).
The average size of a house on SEATON AVENUE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Alfred Avenue |
| Apr 2024 | Anti-social behaviour | On or near Alfred Avenue | |
| Mar 2024 | Other crime | Under investigation | On or near Alfred Avenue |
| Mar 2024 | Anti-social behaviour | On or near Alfred Avenue | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alfred Avenue |