£204,052
This estimated value is based upon the latest sale price for the house of £130,000 on 16 May 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£130,000 | 16 May 2008 |
£109,500 | 27 Aug 2004 |
£51,000 | 2 Jun 1999 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 May 2008 the House Price Index for NORTHUMBERLAND was 93.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.963%.Applying this 56.963% change to the original purchase price of £130,000 results in an estimated price of approximately £204,052.
16 May 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 146.7 | 56.963 % | £130,000 | £74,052 | £204,052 |
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 | 44.264 % | £57,543 | £187,543 |
3 Month Average | -0.861 % | £-1,119 | £128,880 |
6 Month Average | 5.763 % | £7,491 | £137,491 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Dec 2013.
The average size of a house on BARRAS AVENUE WEST is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Barras Avenue West |
Feb 2024 | Other theft | Under investigation | On or near Barras Avenue West |
Jan 2024 | Public order | Under investigation | On or near Barras Avenue West |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Farnham Grove |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Drive |