£117,393
This estimated value is based upon the latest sale price for the house of £96,500 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £96,500 | 2 Nov 2018 |
| £57,000 | 18 Nov 2016 |
| £77,000 | 12 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2018 the House Price Index for NORTHUMBERLAND was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £96,500 results in an estimated price of approximately £117,393.
| 2 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £96,500 | £20,893 | £117,393 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 89.042 % | £85,925 | £182,425 |
| 3 Month Average | 6.809 % | £6,571 | £103,071 |
| 6 Month Average | 6.436 % | £6,211 | £102,711 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Sep 2016.
The average size of a house on FIRST AVENUE is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cherry Trees | |
| Mar 2024 | Anti-social behaviour | On or near Cherry Trees | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Mar 2024 | Anti-social behaviour | On or near Elm Trees | |
| Mar 2024 | Public order | Awaiting court outcome | On or near Elm Trees |