£350,926
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near Crofts Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £275,000 | 18 Apr 2017 |
| £249,500 | 16 Dec 2005 |
| £165,000 | 25 May 2005 |
| Terraced |
| 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £275,000 results in an estimated price of approximately £350,926.
| 18 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £275,000 | £75,926 | £350,926 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | 152.883 % | £420,428 | £695,428 |
| 3 Month Average | 27.667 % | £76,084 | £351,084 |
| 6 Month Average | 9.359 % | £25,736 | £300,736 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Crofts Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Crofts Avenue |
| Mar 2024 | Anti-social behaviour | On or near B6530 | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Appletree Lane |
| Dec 2023 | Anti-social behaviour | On or near B6321 |