£204,193
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Dec 2011 |
| £135,000 | 17 Mar 2006 |
| £48,500 | 24 Apr 1998 |
| £48,500 | 24 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,014 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 December 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £120,000 results in an estimated price of approximately £204,193.
| 9 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £120,000 | £84,193 | £204,193 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 14.126 % | £16,950 | £136,950 |
| 3 Month Average | 16.205 % | £19,445 | £139,445 |
| 6 Month Average | 36.007 % | £43,208 | £163,208 |
This house has a floor area of 94 sq meters or 1,014 sq feet when measured on 25 May 2011.
The average size of a house on FARNDALE AVENUE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashington Drive |
| Mar 2024 | Anti-social behaviour | On or near Beverley Drive | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Westbourne Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Allendale Crescent |
| Dec 2023 | Anti-social behaviour | On or near Ashington Drive |