£75,255
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£65,000 | 21 Jul 2021 |
£52,000 | 17 May 2005 |
£39,500 | 21 Nov 2003 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,053 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 July 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £65,000 results in an estimated price of approximately £75,255.
21 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £65,000 | £10,255 | £75,255 |
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 | -39.598 % | £-25,738 | £39,261 |
3 Month Average | -33.089 % | £-21,507 | £43,492 |
6 Month Average | -35.791 % | £-23,263 | £41,736 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £69,580 | £68,000 | 94 CASTLE TERRACE |
25 Sep 2023 | £49,593 | £48,500 | 3 PERCY STREET |
30 Aug 2022 | £55,258 | £55,000 | 76 CASTLE TERRACE |
22 Apr 2022 | £88,181 | £85,000 | 26 QUEEN STREET |
13 Apr 2022 | £53,946 | £52,000 | 10 QUEEN STREET |
This house has a floor area of 97 sq meters or 1,053 sq feet when measured on 9 Oct 2011. Using an estimated price of £75,255 means this house is valued at £768 per sq meter (£71 per sq foot).
The average size of a house on CASTLE TERRACE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Tyne Street |
Jul 2024 | Drugs | Under investigation | On or near Tyne Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Tyne Street |
Jun 2024 | Anti-social behaviour | On or near Tyne Street | |
Jun 2024 | Anti-social behaviour | On or near Tyne Street |