£218,676
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Jun 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 29 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2006 the House Price Index for NORTHUMBERLAND was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £125,000 results in an estimated price of approximately £218,676.
| 29 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £125,000 | £93,676 | £218,676 |
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 | 53.696 % | £67,120 | £192,120 |
| 3 Month Average | 40.155 % | £50,193 | £175,193 |
| 6 Month Average | 42.337 % | £52,920 | £177,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £140,000 | £140,000 | 60 BOLAM AVENUE |
| 1 Dec 2023 | £82,536 | £80,000 | 59 MARLOW STREET |
| 30 Oct 2023 | £140,184 | £137,000 | 15 BOLAM AVENUE |
| 25 Aug 2023 | £132,388 | £130,000 | 35 BOLAM AVENUE |
| 15 Mar 2023 | £36,611 | £36,000 | 49 SIDNEY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Oct 2016. Using an estimated price of £218,677 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on BOLAM AVENUE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Sweethope Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sweethope Avenue |
| Jul 2024 | Anti-social behaviour | On or near Sweethope Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Sweethope Avenue | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sweethope Avenue |