£119,078
This estimated value is based upon the latest sale price for the house of £112,000 on 5 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£112,000 | 5 Sep 2023 |
£114,000 | 30 Jan 2015 |
£102,500 | 27 Sep 2007 |
£89,500 | 3 Jun 2004 |
£79,950 | 13 Jun 2003 |
£57,500 | 1 Jul 2002 |
£37,500 | 28 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 September 2023 the House Price Index for NORTHUMBERLAND was 98.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 6.320%.Applying this 6.320% change to the original purchase price of £112,000 results in an estimated price of approximately £119,078.
5 Sep 2023 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 104.3 | 6.320 % | £112,000 | £7,078 | £119,078 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 27.140 % | £30,397 | £142,397 |
3 Month Average | 13.468 % | £15,084 | £127,084 |
6 Month Average | 19.245 % | £21,554 | £133,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £241,338 | £230,000 | 19 RYE TERRACE |
2 Nov 2023 | £167,778 | £157,000 | 4 PEARSONS TERRACE |
5 Sep 2023 | £119,078 | £112,000 | 11 RYE TERRACE |
30 Jun 2023 | £307,076 | £290,000 | 7 CRESCENT AVENUE |
26 May 2023 | £168,004 | £158,500 | 2 MILLFIELD COURT |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 13 Oct 2014. Using an estimated price of £119,078 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on RYE TERRACE is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Rye Terrace |
Feb 2025 | Anti-social behaviour | On or near Millfield Court | |
Feb 2025 | Anti-social behaviour | On or near Millfield Court | |
Feb 2025 | Other theft | Under investigation | On or near Millfield Gardens |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Glen Terrace |