£152,200
This estimated value is based upon the latest sale price for the house of £126,000 on 10 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £126,000 | 10 Aug 2020 |
| £120,995 | 29 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2020 the House Price Index for NORTHUMBERLAND was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £126,000 results in an estimated price of approximately £152,200.
| 10 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £126,000 | £26,200 | £152,200 |
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 | 94.596 % | £119,190 | £245,190 |
| 3 Month Average | 35.808 % | £45,118 | £171,118 |
| 6 Month Average | 17.938 % | £22,601 | £148,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £120,349 | £118,500 | 1 MALVINS ROAD |
| 13 Dec 2023 | £113,487 | £110,000 | 13 EARLS GARDENS |
| 3 Nov 2023 | £66,283 | £64,600 | 16 THORNEYBURN WAY |
| 29 Sep 2023 | £115,036 | £112,500 | 20 THORNEYBURN WAY |
| 7 Sep 2023 | £112,480 | £110,000 | 8 EARLS GARDENS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Jun 2018. Using an estimated price of £152,201 means this house is valued at £2,143 per sq meter (£199 per sq foot).
The average size of a house on MALVINS ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edendale Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Malvins Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Malvins Road |