£44,883
This estimated value is based upon the latest sale price for the house of £35,500 on 18 Jan 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 Haig Road
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| Price Paid | Date |
|---|---|
| £35,500 | 18 Jan 2018 |
| £35,500 | 18 Jan 2018 |
| £57,000 | 23 Sep 2004 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 597 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 January 2018 the House Price Index for NORTHUMBERLAND was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £35,500 results in an estimated price of approximately £44,883.
| 18 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £35,500 | £9,383 | £44,883 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 52.686 % | £18,703 | £54,203 |
| 3 Month Average | 19.932 % | £7,075 | £42,575 |
| 6 Month Average | 16.045 % | £5,696 | £41,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £54,893 | £53,500 | 1 ROSALIND AVENUE |
| 15 Sep 2023 | £66,414 | £64,950 | 30 LILY AVENUE |
| 1 Sep 2023 | £61,352 | £60,000 | 35 ROSALIND AVENUE |
| 25 Aug 2023 | £115,076 | £113,000 | 15 ALFRED AVENUE |
| 27 Apr 2023 | £50,953 | £50,000 | 34 HAIG ROAD |
This house has a floor area of 55 sq meters or 597 sq feet when measured on 20 Dec 2011. Using an estimated price of £44,884 means this house is valued at £808 per sq meter (£75 per sq foot).
The average size of a house on LILY AVENUE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Haig Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haig Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haig Road |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Haig Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosalind Avenue |