£340,346
This estimated value is based upon the latest sale price for the house of £265,000 on 19 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Lovaine Terrace
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £265,000 | 19 Jul 2017 |
| £130,000 | 25 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 2017 the House Price Index for NORTHUMBERLAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £265,000 results in an estimated price of approximately £340,346.
| 19 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £265,000 | £75,346 | £340,346 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 4.690 % | £12,429 | £277,429 |
| 3 Month Average | 45.071 % | £119,437 | £384,437 |
| 6 Month Average | 34.984 % | £92,708 | £357,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £262,278 | £260,000 | 2 PERCY TERRACE |
| 11 Dec 2023 | £237,291 | £230,000 | 18 HIGH GREENS |
| 9 Nov 2023 | £328,334 | £320,000 | 10 WARKWORTH TERRACE |
| 11 Mar 2022 | £288,664 | £276,516 | 1 PERCY TERRACE |
| 25 Feb 2022 | £153,186 | £145,000 | 1 TEMPERANCE TERRACE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 11 Mar 2016. Using an estimated price of £340,346 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on LOVAINE TERRACE is 182 sq meters (1,967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Awaiting court outcome | On or near Lovaine Terrace |
| Aug 2024 | Anti-social behaviour | On or near Warkworth Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Warkworth Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Warkworth Terrace | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Percy Terrace |