£337,925
This estimated value is based upon the latest sale price for the house of £65,500 on 30 Jun 1997. 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
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| Price Paid | Date |
|---|---|
| £65,500 | 30 Jun 1997 |
| Terraced |
| Freehold |
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 June 1997 the House Price Index for NORTHUMBERLAND was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £65,500 results in an estimated price of approximately £337,925.
| 30 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £65,500 | £272,425 | £337,925 |
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 | 308.636 % | £202,156 | £267,656 |
| 3 Month Average | 289.776 % | £189,803 | £255,303 |
| 6 Month Average | 322.751 % | £211,401 | £276,901 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Awaiting court outcome | On or near Lovaine Terrace |
| Oct 2024 | Other theft | Under investigation | On or near Percy Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Percy Terrace |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Percy Terrace |
| Sep 2024 | Public order | Under investigation | On or near Percy Terrace |