£118,380
This estimated value is based upon the latest sale price for the house of £81,638 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £81,638 | 3 Jul 2015 |
| £70,000 | 20 Apr 2012 |
| £80,500 | 26 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 870 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 2015 the House Price Index for NORTHUMBERLAND was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £81,638 results in an estimated price of approximately £118,380.
| 3 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £81,638 | £36,742 | £118,380 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 102.704 % | £83,845 | £165,483 |
| 3 Month Average | 23.503 % | £19,187 | £100,825 |
| 6 Month Average | 19.160 % | £15,641 | £97,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £103,170 | £100,000 | 11 BURNSIDE CLOSE |
| 13 Oct 2023 | £62,418 | £61,000 | 41 DENE VIEW DRIVE |
| 22 Sep 2023 | £88,450 | £86,500 | 29 DEVONWORTH PLACE |
| 19 Sep 2023 | £76,691 | £75,000 | 2A LANGLEY AVENUE |
| 23 Jun 2023 | £112,249 | £110,000 | 52 DENE VIEW DRIVE |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 17 Mar 2012. Using an estimated price of £118,380 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on LANGLEY AVENUE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langley Avenue |
| Aug 2024 | Other theft | Under investigation | On or near Langley Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Langley Avenue |
| Sep 2024 | Anti-social behaviour | On or near The Orchards | |
| Aug 2024 | Anti-social behaviour | On or near The Orchards |