£459,202
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£450,000 | 9 Jun 2023 |
£182,000 | 26 Sep 2014 |
Detached |
Freehold |
Floor Area: 249 sq meters or 2,680 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 June 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £450,000 results in an estimated price of approximately £459,202.
9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £450,000 | £9,202 | £459,202 |
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 | 61.289 % | £275,799 | £725,799 |
3 Month Average | 34.124 % | £153,556 | £603,556 |
6 Month Average | 16.842 % | £75,789 | £525,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £148,777 | £145,000 | 33 MARINE TERRACE |
9 Jun 2023 | £459,202 | £450,000 | 78 MIDDLETON STREET |
28 Apr 2023 | £137,064 | £134,500 | 5 MARINE TERRACE |
26 Aug 2022 | £150,705 | £150,000 | 54 MIDDLETON STREET |
10 Jun 2022 | £108,315 | £106,000 | 27 MARINE TERRACE |
This house has a floor area of 249 sq meters or 2,680 sq feet when measured on 29 Jan 2014. Using an estimated price of £459,202 means this house is valued at £1,844 per sq meter (£171 per sq foot).
The average size of a house on MIDDLETON STREET is 136 sq meters (1,471 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Coomassie Road | |
Jul 2024 | Anti-social behaviour | On or near Coomassie Road | |
Jun 2024 | Anti-social behaviour | On or near Collingwood Terrace | |
Jun 2024 | Anti-social behaviour | On or near Collingwood Terrace | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richard Street |