£49,228
This estimated value is based upon the latest sale price for the house of £50,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near Eighth Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £50,000 | 12 Aug 2022 |
| £62,500 | 27 Nov 2015 |
| £84,000 | 30 Nov 2007 |
| £65,300 | 16 Aug 2004 |
| £59,000 | 27 Feb 2004 |
| £29,000 | 9 Aug 2002 |
| £19,500 | 28 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2022 the House Price Index for NORTHUMBERLAND was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £50,000 results in an estimated price of approximately £49,228.
| 12 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £50,000 | £-771 | £49,228 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -26.856 % | £-13,427 | £36,572 |
| 3 Month Average | -7.150 % | £-3,575 | £46,424 |
| 6 Month Average | 14.371 % | £7,185 | £57,185 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Mar 2015.
The average size of a house on RICHARDSON STREET is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eighth Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eighth Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eighth Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eighth Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |