£369,312
This estimated value is based upon the latest sale price for the house of £297,500 on 6 Nov 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Shaftoe Crescent
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| Price Paid | Date |
|---|---|
| £297,500 | 6 Nov 2018 |
| £202,000 | 8 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2018 the House Price Index for NORTHUMBERLAND was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £297,500 results in an estimated price of approximately £369,312.
| 6 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £297,500 | £71,812 | £369,312 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -3.815 % | £-11,348 | £286,151 |
| 3 Month Average | 9.021 % | £26,838 | £324,338 |
| 6 Month Average | 12.081 % | £35,939 | £333,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £264,000 | £264,000 | 3 WESTBOURNE GROVE |
| 2 Nov 2023 | £161,089 | £157,000 | 4 PEARSONS TERRACE |
| 12 Oct 2023 | £134,351 | £131,300 | 16 RYE TERRACE |
| 5 Sep 2023 | £114,525 | £112,000 | 11 RYE TERRACE |
| 30 Jun 2023 | £295,930 | £290,000 | 7 CRESCENT AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Feb 2017. Using an estimated price of £369,313 means this house is valued at £3,239 per sq meter (£300 per sq foot).
The average size of a house on CRESCENT AVENUE is 161 sq meters (1,740 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Shaftoe Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rye Terrace |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Police Station |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Leazes Terrace |
| May 2024 | Burglary | Awaiting court outcome | On or near Leazes Terrace |