£137,881
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Nov 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near B1505
More crime details
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Price Paid | Date |
---|---|
£80,000 | 11 Nov 2011 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £80,000 results in an estimated price of approximately £137,881.
11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £80,000 | £57,881 | £137,881 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 59.380 % | £47,503 | £127,503 |
3 Month Average | 46.026 % | £36,820 | £116,820 |
6 Month Average | 26.107 % | £20,885 | £100,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £115,476 | £114,000 | 45 MAYFIELD AVENUE |
25 Aug 2023 | £117,024 | £116,000 | 40 SEA VIEW VILLAS |
8 Jun 2023 | £149,815 | £148,000 | 5 OLNEY CLOSE |
21 Apr 2023 | £56,610 | £56,000 | 30 OXFORD AVENUE |
23 Nov 2022 | £133,384 | £135,000 | 24 ROSEDENE VILLAS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Aug 2011. Using an estimated price of £137,882 means this house is valued at £1,702 per sq meter (£158 per sq foot).
The average size of a house on MAYFIELD AVENUE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near B1505 |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Fernley Villas |
Feb 2024 | Other crime | Under investigation | On or near Fernley Villas |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Olney Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Olney Close |