£150,563
This estimated value is based upon the latest sale price for the house of £94,950 on 10 Mar 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£94,950 | 10 Mar 2014 |
Flats/Maisonettes |
Freehold |
Floor Area: 114 sq meters or 1,227 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 March 2014 the House Price Index for NORTHUMBERLAND was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £94,950 results in an estimated price of approximately £150,563.
10 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £94,950 | £55,613 | £150,563 |
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 | 2.842 % | £2,698 | £97,648 |
3 Month Average | 54.333 % | £51,588 | £146,538 |
6 Month Average | 17.948 % | £17,041 | £111,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £81,248 | £80,000 | 81 WILLOW CRESCENT |
27 Apr 2023 | £71,845 | £70,501 | 12 HORTON PLACE |
27 Mar 2023 | £116,953 | £115,000 | 56 NEWCASTLE ROAD |
23 Mar 2023 | £122,038 | £120,000 | 2 CRAMLINGTON COURT CRAMLINGTON TERRACE |
21 Mar 2023 | £122,038 | £120,000 | 54 NEWCASTLE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 23 Apr 2014. Using an estimated price of £150,564 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on HARTLEY TERRACE is 116 sq meters (1,251 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Newcastle Road | |
Jul 2024 | Public order | Under investigation | On or near Newcastle Road |
May 2024 | Criminal damage and arson | Under investigation | On or near Newcastle Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cramlington Terrace |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cramlington Terrace |