£589,902
This estimated value is based upon the latest sale price for the house of £125,500 on 28 Aug 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,500 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 August 1998 the House Price Index for NORTHUMBERLAND was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £125,500 results in an estimated price of approximately £589,902.
| 28 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £125,500 | £464,402 | £589,902 |
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 | 375.457 % | £471,198 | £596,698 |
| 3 Month Average | 295.540 % | £370,902 | £496,402 |
| 6 Month Average | 270.029 % | £338,886 | £464,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £80,233 | £79,000 | 129 SECOND AVENUE |
| 1 Nov 2023 | £105,683 | £103,000 | 32 SECOND AVENUE |
| 14 Mar 2023 | £361,029 | £355,000 | 20 KINGSWELL |
| 14 Feb 2023 | £93,122 | £92,500 | 19 WILLOW CLOSE |
| 10 Oct 2022 | £104,650 | £105,000 | 5 SIXTH AVENUE |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 4 Jun 2014. Using an estimated price of £589,903 means this house is valued at £2,769 per sq meter (£257 per sq foot).
The average size of a house on KINGSWELL is 127 sq meters (1,373 sq feet).
This house is the largest in the street with a floor area of 213 sq meters (2,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Sixth Avenue |
| Aug 2024 | Anti-social behaviour | On or near Sixth Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Sixth Avenue |