£148,776
This estimated value is based upon the latest sale price for the house of £145,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £145,000 | 30 Nov 2023 |
| £102,000 | 23 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2023 the House Price Index for NORTHUMBERLAND was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £145,000 results in an estimated price of approximately £148,776.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £145,000 | £3,776 | £148,776 |
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 | -30.065 % | £-43,594 | £101,405 |
| 3 Month Average | -9.765 % | £-14,159 | £130,840 |
| 6 Month Average | -13.557 % | £-19,658 | £125,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £102,500 | £102,500 | 35 PRETORIA AVENUE |
| 30 Nov 2023 | £148,777 | £145,000 | 21 PRETORIA AVENUE |
| 3 Nov 2023 | £139,542 | £136,000 | 23 PRETORIA AVENUE |
| 28 Apr 2023 | £130,440 | £128,000 | 25 MATHESONS GARDENS |
| 27 Apr 2023 | £163,050 | £160,000 | 38 MATHESONS GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Feb 2016. Using an estimated price of £148,777 means this house is valued at £2,038 per sq meter (£189 per sq foot).
The average size of a house on PRETORIA AVENUE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pretoria Avenue |
| Jun 2024 | Other theft | Under investigation | On or near Pretoria Avenue |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |