£173,691
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Sep 2021. 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 Kingsgate Terrace
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Price Paid | Date |
---|---|
£160,000 | 27 Sep 2021 |
£150,000 | 12 Aug 2015 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2021 the House Price Index for NORTHUMBERLAND was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £160,000 results in an estimated price of approximately £173,691.
27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £160,000 | £13,691 | £173,691 |
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 | -25.379 % | £-40,606 | £119,393 |
3 Month Average | -20.625 % | £-32,999 | £127,000 |
6 Month Average | 11.376 % | £18,202 | £178,202 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £169,297 | £165,000 | 51 KINGSGATE TERRACE |
8 Sep 2023 | £163,607 | £160,000 | 25 EILANSGATE TERRACE |
2 Feb 2023 | £211,412 | £210,000 | 40 KINGSGATE TERRACE |
11 Jan 2023 | £150,402 | £150,000 | 3 EILANSGATE TERRACE |
19 Aug 2022 | £120,564 | £120,000 | 38 KINGSGATE TERRACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Jun 2014. Using an estimated price of £173,691 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on EILANSGATE TERRACE is 73 sq meters (786 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Terrace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingsgate Terrace |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsgate Terrace |
May 2024 | Burglary | Under investigation | On or near Kingsgate Terrace |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsgate |