£88,528
This estimated value is based upon the latest sale price for the house of £72,500 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £72,500 | 3 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for NORTHUMBERLAND was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £72,500 results in an estimated price of approximately £88,528.
| 3 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £72,500 | £16,028 | £88,528 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 31.645 % | £22,942 | £95,442 |
| 3 Month Average | -14.296 % | £-10,364 | £62,135 |
| 6 Month Average | 2.769 % | £2,007 | £74,507 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Nov 2017.
The average size of a house on PARKWOOD AVENUE is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Parkwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stanley Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Sandyford Avenue |
| Jan 2024 | Public order | Under investigation | On or near Sandyford Avenue |