£73,796
This estimated value is based upon the latest sale price for the house of £13,000 on 7 Jun 1995. 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 Fifth Avenue
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| Price Paid | Date |
|---|---|
| £13,000 | 7 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 1995 the House Price Index for NORTHUMBERLAND was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £13,000 results in an estimated price of approximately £73,796.
| 7 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £13,000 | £60,796 | £73,796 |
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 | 195.311 % | £25,390 | £38,390 |
| 3 Month Average | 230.095 % | £29,912 | £42,912 |
| 6 Month Average | 201.638 % | £26,212 | £39,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £48,490 | £47,000 | 227 MAPLE STREET |
| 8 Feb 2023 | £80,538 | £80,000 | 241 MAPLE STREET |
| 13 May 2022 | £60,578 | £59,000 | 227 CHESTNUT STREET |
| 11 Feb 2022 | £52,823 | £50,000 | 229A HAWTHORN ROAD |
| 6 Dec 2021 | £37,776 | £35,000 | 235 MAPLE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Oct 2014. Using an estimated price of £73,796 means this house is valued at £946 per sq meter (£87 per sq foot).
The average size of a house on CHESTNUT STREET is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
| Nov 2024 | Vehicle crime | Under investigation | On or near Fifth Avenue |
| Nov 2024 | Burglary | Under investigation | On or near Fifth Avenue |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Fifth Avenue |