£180,306
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Dec 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2014 the House Price Index for NORTHUMBERLAND was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £120,000 results in an estimated price of approximately £180,306.
| 16 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £120,000 | £60,306 | £180,306 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 4.442 % | £5,329 | £125,329 |
| 3 Month Average | 5.213 % | £6,256 | £126,256 |
| 6 Month Average | -1.596 % | £-1,915 | £118,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £255,810 | £250,000 | 46 - 48 STATION ROAD |
| 29 Sep 2023 | £89,472 | £87,500 | 9 CHILLINGHAM CRESCENT |
| 21 Sep 2023 | £191,215 | £187,000 | 8 DARNLEY ROAD |
| 14 Sep 2023 | £81,803 | £80,000 | 12 OAKLAND TERRACE |
| 16 Jun 2023 | £209,192 | £205,000 | 13 DARNLEY ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 19 Aug 2014. Using an estimated price of £180,306 means this house is valued at £1,335 per sq meter (£124 per sq foot).
The average size of a house on OAKLAND TERRACE is 119 sq meters (1,283 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Rutland Street | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Rutland Street |
| Jun 2024 | Anti-social behaviour | On or near Rutland Street | |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Parking Area |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |