£24,707
This estimated value is based upon the latest sale price for the house of £20,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £20,000 | 18 Mar 2019 |
| £36,000 | 5 Jun 2017 |
| £39,950 | 20 Aug 2004 |
| £23,000 | 3 Oct 2003 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 48 sq meters or 517 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 March 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £20,000 results in an estimated price of approximately £24,707.
| 18 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £20,000 | £4,707 | £24,707 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 51.782 % | £10,356 | £30,356 |
| 3 Month Average | -2.336 % | £-467 | £19,532 |
| 6 Month Average | 5.744 % | £1,148 | £21,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £85,262 | £84,000 | 10 ACACIA TERRACE |
| 1 Sep 2023 | £121,554 | £120,000 | 15 NORTH SEATON ROAD |
| 27 Jun 2023 | £37,454 | £37,000 | 8 ACACIA TERRACE |
| 21 Apr 2023 | £65,707 | £65,000 | 40 NORTH SEATON ROAD |
| 10 Feb 2023 | £78,447 | £78,500 | 26 LABURNUM TERRACE |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 24 Mar 2012. Using an estimated price of £24,708 means this house is valued at £513 per sq meter (£47 per sq foot).
The average size of a house on ACACIA TERRACE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Acacia Terrace | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Acacia Terrace |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Acacia Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Acacia Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Acacia Terrace |