£110,245
This estimated value is based upon the latest sale price for the house of £65,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£65,000 | 29 Jun 2012 |
£55,000 | 23 Sep 2009 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 829 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 June 2012 the House Price Index for NORTHUMBERLAND was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £65,000 results in an estimated price of approximately £110,245.
29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £65,000 | £45,245 | £110,245 |
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 | 40.566 % | £26,368 | £91,368 |
3 Month Average | 7.013 % | £4,558 | £69,558 |
6 Month Average | 23.235 % | £15,102 | £80,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £65,842 | £65,000 | 38 SEVENTH AVENUE |
5 Jun 2023 | £116,410 | £115,000 | 32 FOURTH AVENUE |
10 Mar 2023 | £105,999 | £105,000 | 43 NINTH AVENUE |
24 Feb 2023 | £94,936 | £95,000 | 23 TENTH AVENUE |
21 Feb 2023 | £103,430 | £103,500 | 264 PLESSEY ROAD |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 4 Jun 2009. Using an estimated price of £110,246 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on SEVENTH AVENUE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Under investigation | On or near Ninth Avenue |
Feb 2024 | Anti-social behaviour | On or near Tenth Avenue | |
Feb 2024 | Anti-social behaviour | On or near Tenth Avenue | |
Dec 2023 | Anti-social behaviour | On or near Tenth Avenue | |
Dec 2023 | Anti-social behaviour | On or near Tenth Avenue |