£348,817
This estimated value is based upon the latest sale price for the house of £282,250 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £282,250 | 16 Dec 2019 |
| £35,000 | 27 Apr 2001 |
| £100,000 | 9 May 1997 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 December 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £282,250 results in an estimated price of approximately £348,817.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £282,250 | £66,567 | £348,817 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 37.677 % | £106,342 | £388,592 |
| 3 Month Average | 43.610 % | £123,089 | £405,339 |
| 6 Month Average | 23.651 % | £66,755 | £349,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £189,818 | £185,000 | 19 THE COVERS |
| 1 Nov 2023 | £105,683 | £103,000 | 32 SECOND AVENUE |
| 9 Jun 2023 | £198,988 | £195,000 | 25 THE COVERS |
| 14 Mar 2023 | £361,029 | £355,000 | 20 KINGSWELL |
| 26 Aug 2022 | £477,232 | £475,000 | 1 ORCHARD MEWS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Jul 2014. Using an estimated price of £348,817 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on KINGSWELL is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Second Avenue | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Aug 2024 | Anti-social behaviour | On or near Second Avenue | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Second Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |