£86,498
This estimated value is based upon the latest sale price for the house of £54,500 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £54,500 | 14 Mar 2008 |
| £46,500 | 14 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 604 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 2008 the House Price Index for NORTHUMBERLAND was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £54,500 results in an estimated price of approximately £86,498.
| 14 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £54,500 | £31,998 | £86,498 |
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 | -15.805 % | £-8,613 | £45,886 |
| 3 Month Average | -8.435 % | £-4,596 | £49,903 |
| 6 Month Average | -15.688 % | £-8,550 | £45,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £53,464 | £53,000 | 10 CAVENDISH GARDENS |
| 2 Nov 2023 | £86,188 | £84,000 | 10 ACACIA TERRACE |
| 1 Sep 2023 | £122,705 | £120,000 | 15 NORTH SEATON ROAD |
| 27 Jun 2023 | £37,757 | £37,000 | 8 ACACIA TERRACE |
| 21 Apr 2023 | £66,239 | £65,000 | 40 NORTH SEATON ROAD |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 20 May 2011. Using an estimated price of £86,498 means this house is valued at £1,540 per sq meter (£143 per sq foot).
The average size of a house on ACACIA TERRACE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Acacia Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Acacia Terrace |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Acacia Terrace |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Terrace |
| Apr 2024 | Anti-social behaviour | On or near Acacia Terrace |