£389,811
This estimated value is based upon the latest sale price for the house of £336,600 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £336,600 | 1 Oct 2020 |
| £285,000 | 3 Apr 2014 |
| £185,000 | 7 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,321 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 October 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £336,600 results in an estimated price of approximately £389,811.
| 1 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £336,600 | £53,211 | £389,811 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 14.734 % | £49,595 | £386,195 |
| 3 Month Average | -7.661 % | £-25,785 | £310,814 |
| 6 Month Average | -2.582 % | £-8,690 | £327,909 |
This house has a floor area of 122 sq meters or 1,321 sq feet when measured on 17 Mar 2012.
The average size of a house on ABBEY TERRACE is 178 sq meters (1,923 sq feet).
This house is the smallest in the street with a floor area of 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Auburn Place |
| Mar 2024 | Anti-social behaviour | On or near Auburn Place | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oldgate |
| Jan 2024 | Anti-social behaviour | On or near Oldgate | |
| Jan 2024 | Anti-social behaviour | On or near Oldgate |