£138,043
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Sep 2023. 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 Seventh Avenue
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| Price Paid | Date |
|---|---|
| £135,000 | 8 Sep 2023 |
| £82,000 | 19 Oct 2009 |
| £90,000 | 23 Feb 2005 |
| £47,000 | 15 Aug 2002 |
| £32,000 | 31 Mar 2000 |
| £26,500 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2023 the House Price Index for NORTHUMBERLAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £135,000 results in an estimated price of approximately £138,043.
| 8 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £135,000 | £3,043 | £138,043 |
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 | 27.192 % | £36,708 | £171,708 |
| 3 Month Average | -1.711 % | £-2,309 | £132,690 |
| 6 Month Average | -1.174 % | £-1,584 | £133,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £121,872 | £120,000 | 49 SHIELDS ROAD |
| 22 Mar 2024 | £80,233 | £79,000 | 129 SECOND AVENUE |
| 27 Oct 2023 | £97,208 | £95,000 | 69 FOURTH AVENUE |
| 8 Sep 2023 | £138,043 | £135,000 | 60 FOURTH AVENUE |
| 25 Aug 2023 | £117,112 | £115,000 | 29 THIRD AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Apr 2016. Using an estimated price of £138,043 means this house is valued at £1,769 per sq meter (£164 per sq foot).
The average size of a house on FOURTH AVENUE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Seventh Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seventh Avenue |
| Aug 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Fourth Avenue |