£29,621
This estimated value is based upon the latest sale price for the house of £12,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Castle Terrace
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Price Paid | Date |
---|---|
£12,000 | 21 Feb 2003 |
£13,000 | 3 Jan 2002 |
Terraced |
Freehold |
Floor Area: 158 sq meters or 1,700 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 February 2003 the House Price Index for NORTHUMBERLAND was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £12,000 results in an estimated price of approximately £29,621.
21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £12,000 | £17,621 | £29,621 |
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 | 74.955 % | £8,994 | £20,994 |
3 Month Average | 81.304 % | £9,756 | £21,756 |
6 Month Average | 88.899 % | £10,667 | £22,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2023 | £36,103 | £35,500 | 55 CASTLE TERRACE |
22 Feb 2023 | £47,316 | £47,000 | 15 ARIEL STREET |
18 Jan 2023 | £53,142 | £53,000 | 31 CASTLE TERRACE |
18 May 2022 | £87,274 | £85,000 | 4 ARIEL STREET |
23 Dec 2021 | £34,538 | £32,000 | 99A WOODHORN ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 22 Jun 2021. Using an estimated price of £29,622 means this house is valued at £187 per sq meter (£17 per sq foot).
The average size of a house on CASTLE TERRACE is 89 sq meters (966 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Castle Terrace |
Jul 2024 | Drugs | Under investigation | On or near Castle Terrace |
Jul 2024 | Anti-social behaviour | On or near Castle Terrace | |
Jul 2024 | Public order | Under investigation | On or near Castle Terrace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Castle Terrace |