£115,278
This estimated value is based upon the latest sale price for the house of £63,500 on 2 Dec 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£63,500 | 2 Dec 2005 |
£59,995 | 27 May 2005 |
£44,000 | 27 Feb 2004 |
£47,000 | 6 Feb 2004 |
£22,500 | 29 Aug 1997 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 December 2005 the House Price Index for NORTHUMBERLAND was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £63,500 results in an estimated price of approximately £115,278.
2 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £63,500 | £51,778 | £115,278 |
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 | 9.360 % | £5,943 | £69,443 |
3 Month Average | 30.153 % | £19,147 | £82,647 |
6 Month Average | 17.634 % | £11,197 | £74,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £77,378 | £75,000 | 66A VICTORIA TERRACE |
22 Aug 2023 | £106,929 | £105,000 | 8 ROTHESAY TERRACE |
28 Apr 2023 | £50,953 | £50,000 | 57A VICTORIA TERRACE |
10 Mar 2023 | £55,934 | £55,000 | 78A ROTHESAY TERRACE |
5 Aug 2022 | £132,620 | £132,000 | 54 VICTORIA TERRACE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Aug 2021. Using an estimated price of £115,278 means this house is valued at £1,646 per sq meter (£152 per sq foot).
The average size of a house on VICTORIA TERRACE is 73 sq meters (787 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Wood Lane |
Jun 2024 | Public order | Under investigation | On or near Wood Lane |
Jun 2024 | Anti-social behaviour | On or near Wood Lane | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Wood Lane |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Lane |