£177,381
This estimated value is based upon the latest sale price for the house of £153,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £153,000 | 27 Nov 2020 |
| £105,000 | 4 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £153,000 results in an estimated price of approximately £177,381.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £153,000 | £24,381 | £177,381 |
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 | 18.986 % | £29,048 | £182,048 |
| 3 Month Average | 18.352 % | £28,078 | £181,078 |
| 6 Month Average | 3.108 % | £4,755 | £157,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £666,664 | £655,000 | 35 OLDGATE |
| 30 Nov 2023 | £147,179 | £145,000 | 21 PRETORIA AVENUE |
| 3 Nov 2023 | £138,044 | £136,000 | 23 PRETORIA AVENUE |
| 28 Apr 2023 | £129,393 | £128,000 | 25 MATHESONS GARDENS |
| 27 Apr 2023 | £161,742 | £160,000 | 38 MATHESONS GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Aug 2017. Using an estimated price of £177,381 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on PRETORIA AVENUE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pretoria Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Pretoria Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pretoria Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pretoria Avenue |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |