£157,307
This estimated value is based upon the latest sale price for the house of £95,000 on 2 Jul 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £95,000 | 2 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 786 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 July 2008 the House Price Index for NORTHUMBERLAND was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £95,000 results in an estimated price of approximately £157,307.
| 2 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £95,000 | £62,307 | £157,307 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -2.517 % | £-2,390 | £92,609 |
| 3 Month Average | -6.572 % | £-6,243 | £88,756 |
| 6 Month Average | -3.409 % | £-3,238 | £91,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £54,232 | £53,000 | 29A VICTORIA TERRACE |
| 13 Apr 2023 | £83,563 | £82,000 | 36 TERRIER CLOSE |
| 3 Mar 2023 | £100,681 | £99,000 | 2 CLEMENT AVENUE |
| 30 Nov 2022 | £124,418 | £125,000 | 65 WOOD LANE |
| 16 Sep 2022 | £91,939 | £92,000 | 4 DENE VIEW |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 6 May 2009. Using an estimated price of £157,307 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on TERRIER CLOSE is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stead Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stead Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stead Lane |
| Jun 2024 | Anti-social behaviour | On or near Stead Lane | |
| Jun 2024 | Anti-social behaviour | On or near Stead Lane |