£191,048
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£145,000 | 11 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 November 2016 the House Price Index for NORTHUMBERLAND was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £145,000 results in an estimated price of approximately £191,048.
11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £145,000 | £46,048 | £191,048 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 205.652 % | £298,195 | £443,195 |
3 Month Average | 19.960 % | £28,942 | £173,942 |
6 Month Average | 9.977 % | £14,466 | £159,466 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £162,404 | £160,000 | 38 NIXON TERRACE |
31 Aug 2023 | £161,412 | £160,000 | 37 NIXON TERRACE |
15 Aug 2022 | £74,799 | £75,000 | 23 NIXON TERRACE |
15 Aug 2022 | £74,799 | £75,000 | 21 NIXON TERRACE |
5 Aug 2022 | £94,745 | £95,000 | 46 NIXON TERRACE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 16 Jun 2016. Using an estimated price of £191,048 means this house is valued at £1,345 per sq meter (£124 per sq foot).
The average size of a house on ALLENDALE ROAD is 135 sq meters (1,461 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Allendale Road | |
Apr 2024 | Anti-social behaviour | On or near Allendale Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nixon Terrace |
Apr 2024 | Anti-social behaviour | On or near Nixon Terrace | |
Apr 2024 | Anti-social behaviour | On or near Nixon Terrace |