£59,423
This estimated value is based upon the latest sale price for the house of £58,500 on 14 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £58,500 | 14 Sep 2023 |
| Semi-Detached |
| Freehold |
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 September 2023 the House Price Index for NORTHUMBERLAND was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £58,500 results in an estimated price of approximately £59,423.
| 14 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £58,500 | £923 | £59,423 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | -5.736 % | £-3,355 | £55,144 |
| 3 Month Average | -3.801 % | £-2,223 | £56,276 |
| 6 Month Average | -9.161 % | £-5,359 | £53,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £160,028 | £157,000 | 55 BUTTERWELL DRIVE |
| 13 Nov 2023 | £106,872 | £105,500 | 4 CLIMBING TREE WALK |
| 29 Aug 2023 | £130,795 | £130,000 | 69 HEBRON AVENUE |
| 24 Aug 2023 | £181,101 | £180,000 | 6 MOOR VIEW CLOSE |
| 16 Jun 2023 | £115,940 | £115,000 | 17 CLIMBING TREE WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Mitford Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Mitford Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Mitford Avenue | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mitford Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mitford Avenue |