£227,912
This estimated value is based upon the latest sale price for the house of £142,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£142,000 | 17 Dec 2013 |
£150,000 | 5 Aug 2004 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 December 2013 the House Price Index for NORTHUMBERLAND was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £142,000 results in an estimated price of approximately £227,912.
17 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £142,000 | £85,912 | £227,912 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 65.278 % | £92,694 | £234,694 |
3 Month Average | 8.595 % | £12,204 | £154,204 |
6 Month Average | 33.140 % | £47,058 | £189,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £111,959 | £110,000 | 103 ROTHESAY TERRACE |
28 Apr 2023 | £50,544 | £50,000 | 57A VICTORIA TERRACE |
10 Mar 2023 | £55,523 | £55,000 | 78A ROTHESAY TERRACE |
14 Feb 2023 | £59,960 | £60,000 | 23A ALLGOOD TERRACE |
27 Jan 2023 | £199,062 | £200,000 | 66 STEAD LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Oct 2014. Using an estimated price of £227,912 means this house is valued at £1,899 per sq meter (£176 per sq foot).
The average size of a house on ROTHESAY TERRACE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |
Feb 2024 | Anti-social behaviour | On or near Stanley Grove | |
Feb 2024 | Anti-social behaviour | On or near Stanley Grove | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |