£546,002
This estimated value is based upon the latest sale price for the house of £96,950 on 17 Nov 1995. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £96,950 | 17 Nov 1995 |
| Detached |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 November 1995 the House Price Index for NORTHUMBERLAND was 26.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 463.180%.Applying this 463.180% change to the original purchase price of £96,950 results in an estimated price of approximately £546,002.
| 17 Nov 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 146.7 | 463.180 % | £96,950 | £449,052 | £546,002 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 288.001 % | £279,216 | £376,166 |
| 3 Month Average | 325.497 % | £315,569 | £412,519 |
| 6 Month Average | 251.198 % | £243,536 | £340,486 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 9 Sep 2014.
The average size of a house on FAIRVILLE CLOSE is 219 sq meters (2,360 sq feet).
This house is the smallest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fern Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fern Avenue |
| Feb 2024 | Anti-social behaviour | On or near Kelsey Way | |
| Feb 2024 | Anti-social behaviour | On or near Kelsey Way | |
| Feb 2024 | Anti-social behaviour | On or near Kelsey Way |