£248,894
This estimated value is based upon the latest sale price for the house of £62,500 on 26 Jan 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£62,500 | 26 Jan 2000 |
Semi-Detached |
Freehold |
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 2000 the House Price Index for NORTHUMBERLAND was 37.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 298.231%.Applying this 298.231% change to the original purchase price of £62,500 results in an estimated price of approximately £248,894.
26 Jan 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 148.6 | 298.231 % | £62,500 | £186,394 | £248,894 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 307.127 % | £191,954 | £254,454 |
3 Month Average | 209.710 % | £131,068 | £193,568 |
6 Month Average | 222.366 % | £138,978 | £201,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £162,072 | £160,000 | 30 ST MICHAELS AVENUE |
20 Jun 2023 | £136,655 | £135,000 | 32 ST MICHAELS AVENUE |
6 Jan 2023 | £2,613 | £2,625 | 7 MELTON DRIVE |
23 Nov 2022 | £2,594 | £2,625 | 29 ALSTON ROAD |
22 Nov 2022 | £2,594 | £2,625 | 7 ALSTON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lysdon Avenue |
Mar 2024 | Anti-social behaviour | On or near Meadow View | |
Feb 2024 | Anti-social behaviour | On or near Meadow View | |
Feb 2024 | Anti-social behaviour | On or near Meadow View | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gloria Avenue |