£152,908
This estimated value is based upon the latest sale price for the house of £88,500 on 27 Jan 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£88,500 | 27 Jan 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 760 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 January 2010 the House Price Index for NORTHUMBERLAND was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £88,500 results in an estimated price of approximately £152,908.
27 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.777 % | £88,500 | £64,408 | £152,908 |
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 | -6.670 % | £-5,903 | £82,596 |
3 Month Average | 39.479 % | £34,938 | £123,438 |
6 Month Average | 16.168 % | £14,309 | £102,809 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £89,373 | £88,000 | 30 NIXON TERRACE |
6 Nov 2023 | £164,167 | £160,000 | 38 NIXON TERRACE |
31 Aug 2023 | £162,939 | £160,000 | 37 NIXON TERRACE |
30 Jun 2023 | £142,863 | £140,000 | 95 WENSLEYDALE TERRACE |
27 Mar 2023 | £140,344 | £138,000 | 12 CHAMBERLAIN STREET |
This house has a floor area of 70 sq meters or 760 sq feet when measured on 12 Dec 2009. Using an estimated price of £152,908 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on NIXON TERRACE is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
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Jun 2024 | Anti-social behaviour | On or near Dent Street | |
Jun 2024 | Anti-social behaviour | On or near Dent Street | |
May 2024 | Anti-social behaviour | On or near Dent Street | |
May 2024 | Anti-social behaviour | On or near Dent Street | |
May 2024 | Anti-social behaviour | On or near Dent Street |