£321,442
This estimated value is based upon the latest sale price for the house of £174,950 on 9 Apr 2009. 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
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| Price Paid | Date |
|---|---|
| £174,950 | 9 Apr 2009 |
| £180,000 | 1 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 April 2009 the House Price Index for NORTHUMBERLAND was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.734%.Applying this 83.734% change to the original purchase price of £174,950 results in an estimated price of approximately £321,442.
| 9 Apr 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.734 % | £174,950 | £146,492 | £321,442 |
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 | -44.361 % | £-77,609 | £97,340 |
| 3 Month Average | 2.155 % | £3,770 | £178,720 |
| 6 Month Average | 13.426 % | £23,488 | £198,438 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Mar 2018.
The average size of a house on MILBURN ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | 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 |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eighth Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Parking Area |