£324,161
This estimated value is based upon the latest sale price for the house of £320,000 on 9 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £320,000 | 9 Nov 2023 |
| £250,000 | 9 Apr 2020 |
| £147,500 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 November 2023 the House Price Index for NORTHUMBERLAND was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £320,000 results in an estimated price of approximately £324,161.
| 9 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £320,000 | £4,161 | £324,161 |
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 | 31.085 % | £99,473 | £419,473 |
| 3 Month Average | 45.589 % | £145,884 | £465,884 |
| 6 Month Average | 22.514 % | £72,044 | £392,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £255,000 | £255,000 | 15 RAILWAY STREET |
| 11 Dec 2023 | £234,435 | £230,000 | 18 HIGH GREENS |
| 9 Nov 2023 | £324,162 | £320,000 | 10 WARKWORTH TERRACE |
| 20 Jun 2023 | £50,409 | £50,000 | 2 RAILWAY STREET |
| 11 Mar 2022 | £285,386 | £276,516 | 1 PERCY TERRACE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 27 Mar 2019. Using an estimated price of £324,162 means this house is valued at £2,175 per sq meter (£202 per sq foot).
The average size of a house on WARKWORTH TERRACE is 161 sq meters (1,741 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Warkworth Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Warkworth Terrace | |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Percy Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Percy Terrace |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Percy Terrace |