£226,002
This estimated value is based upon the latest sale price for the house of £177,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£177,000 | 1 Sep 2017 |
£93,000 | 29 Jul 2002 |
Terraced |
Freehold |
Floor Area: 128 sq meters or 1,377 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 September 2017 the House Price Index for NORTHUMBERLAND was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £177,000 results in an estimated price of approximately £226,002.
1 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £177,000 | £49,002 | £226,002 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 97.196 % | £172,037 | £349,037 |
3 Month Average | 55.628 % | £98,461 | £275,461 |
6 Month Average | 14.159 % | £25,061 | £202,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £362,500 | £362,500 | 24 VICTORIA ROAD |
3 May 2024 | £94,000 | £94,000 | 17 TENTER HILL |
15 Apr 2024 | £207,300 | £205,500 | 4 FENTON DRIVE |
4 Mar 2024 | £55,858 | £55,000 | 24 HIGH STREET |
15 Dec 2023 | £180,548 | £175,000 | 1 QUEENS ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 9 Jun 2015. Using an estimated price of £226,002 means this house is valued at £1,765 per sq meter (£164 per sq foot).
The average size of a house on TANKERVILLE TERRACE is 120 sq meters (1,291 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Glendale Road | |
Jun 2024 | Anti-social behaviour | On or near Glendale Road | |
Apr 2024 | Public order | Under investigation | On or near Queen'S Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Queen'S Road |
May 2024 | Anti-social behaviour | On or near Parking Area |