£81,444
This estimated value is based upon the latest sale price for the house of £82,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £82,000 | 25 Aug 2023 |
| £55,000 | 19 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2023 the House Price Index for NORTHUMBERLAND was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £82,000 results in an estimated price of approximately £81,444.
| 25 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £82,000 | £-555 | £81,444 |
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 | -20.508 % | £-16,816 | £65,183 |
| 3 Month Average | -25.665 % | £-21,045 | £60,954 |
| 6 Month Average | -13.000 % | £-10,659 | £71,340 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Sep 2013.
The average size of a house on FOURTH AVENUE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Third Avenue | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Third Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Third Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |