£130,216
This estimated value is based upon the latest sale price for the house of £82,000 on 20 Jul 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£82,000 | 20 Jul 2007 |
£19,200 | 4 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 July 2007 the House Price Index for NORTHUMBERLAND was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £82,000 results in an estimated price of approximately £130,216.
20 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £82,000 | £48,216 | £130,216 |
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 | 26.479 % | £21,712 | £103,712 |
3 Month Average | 16.627 % | £13,633 | £95,633 |
6 Month Average | 9.996 % | £8,196 | £90,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2024 | £86,000 | £86,000 | 7 ROSALIND AVENUE |
6 Nov 2023 | £54,893 | £53,500 | 1 ROSALIND AVENUE |
15 Sep 2023 | £66,414 | £64,950 | 30 LILY AVENUE |
1 Sep 2023 | £61,352 | £60,000 | 35 ROSALIND AVENUE |
25 Aug 2023 | £115,076 | £113,000 | 15 ALFRED AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 27 Jun 2014. Using an estimated price of £130,217 means this house is valued at £2,245 per sq meter (£208 per sq foot).
The average size of a house on LILY AVENUE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Lily Avenue |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Lily Avenue |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haig Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Haig Road |
Sep 2024 | Other theft | Under investigation | On or near Rosalind Avenue |