£112,438
This estimated value is based upon the latest sale price for the house of £36,000 on 25 Jan 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £36,000 | 25 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 809 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 January 2002 the House Price Index for NORTHUMBERLAND was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £36,000 results in an estimated price of approximately £112,438.
| 25 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £36,000 | £76,438 | £112,438 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | 120.715 % | £43,457 | £79,457 |
| 3 Month Average | 197.685 % | £71,166 | £107,166 |
| 6 Month Average | 138.490 % | £49,856 | £85,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £161,412 | £160,000 | 19 NEWHOLME AVENUE |
| 25 Oct 2022 | £91,515 | £92,500 | 40 NEWHOLME AVENUE |
| 29 Jul 2022 | £96,410 | £96,150 | 4 ASHTREE COTTAGES |
| 27 May 2022 | £10,192 | £10,000 | WILLIA HOUSE COMB HILL |
| 1 Oct 2021 | £138,310 | £125,000 | 70 NEWHOLME AVENUE |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 6 Jul 2010. Using an estimated price of £112,439 means this house is valued at £1,494 per sq meter (£138 per sq foot).
The average size of a house on BURN CLOSE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Burn Close | |
| Feb 2024 | Anti-social behaviour | On or near Burn Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Capel Avenue |
| Feb 2024 | Anti-social behaviour | On or near Capel Avenue | |
| Feb 2024 | Public order | Under investigation | On or near Capel Avenue |