£223,944
This estimated value is based upon the latest sale price for the house of £222,000 on 18 Apr 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £222,000 | 18 Apr 2024 |
| Semi-Detached |
| Freehold |
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 April 2024 the House Price Index for NORTHUMBERLAND was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £222,000 results in an estimated price of approximately £223,944.
| 18 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £222,000 | £1,944 | £223,944 |
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 | 34.931 % | £77,547 | £299,547 |
| 3 Month Average | 2.173 % | £4,825 | £226,825 |
| 6 Month Average | 8.793 % | £19,520 | £241,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £223,945 | £222,000 | 78 GREEN LANE |
| 28 Mar 2024 | £243,745 | £240,000 | 10 CHARLTON GARDENS |
| 22 Mar 2024 | £80,233 | £79,000 | 129 SECOND AVENUE |
| 14 Dec 2023 | £123,804 | £120,000 | 41 GREEN LANE |
| 22 Sep 2023 | £199,396 | £195,000 | 1 CHARLTON GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Eleventh Avenue |
| Jul 2024 | Anti-social behaviour | On or near Eleventh Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Eleventh Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Eleventh Avenue | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Sixth Avenue |