£106,990
This estimated value is based upon the latest sale price for the house of £85,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 16 Feb 2018 |
| £70,000 | 16 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2018 the House Price Index for NORTHUMBERLAND was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £85,000 results in an estimated price of approximately £106,990.
| 16 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £85,000 | £21,990 | £106,990 |
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 | 45.034 % | £38,278 | £123,278 |
| 3 Month Average | 28.536 % | £24,255 | £109,255 |
| 6 Month Average | 26.868 % | £22,837 | £107,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £207,805 | £206,000 | 50 NEWLANDS ROAD |
| 1 Sep 2023 | £66,465 | £65,000 | 38 SEVENTH AVENUE |
| 10 Mar 2023 | £106,783 | £105,000 | 43 NINTH AVENUE |
| 24 Feb 2023 | £95,639 | £95,000 | 23 TENTH AVENUE |
| 28 Oct 2022 | £97,674 | £98,000 | 41 SEVENTH AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 10 Nov 2017. Using an estimated price of £106,990 means this house is valued at £1,407 per sq meter (£130 per sq foot).
The average size of a house on TWELFTH AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Twelfth Avenue |