£491,504
This estimated value is based upon the latest sale price for the house of £370,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £370,000 | 23 Sep 2016 |
| £325,000 | 3 Apr 2014 |
| £222,500 | 2 Sep 2008 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2016 the House Price Index for NORTHUMBERLAND was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £370,000 results in an estimated price of approximately £491,504.
| 23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £370,000 | £121,504 | £491,504 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 313.907 % | £1,161,456 | £1,531,456 |
| 3 Month Average | 56.498 % | £209,041 | £579,041 |
| 6 Month Average | 25.865 % | £95,701 | £465,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £243,607 | £240,000 | 1 HACKWORTH GARDENS |
| 29 Aug 2023 | £226,986 | £225,000 | 8 HEDLEY ROAD |
| 24 Oct 2022 | £213,699 | £216,000 | 5 HACKWORTH GARDENS |
| 19 Aug 2022 | £349,060 | £350,000 | 27 FALCON TERRACE |
| 29 Jul 2022 | £205,553 | £205,000 | 9 HEDLEY ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 29 Oct 2013. Using an estimated price of £491,505 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on INGHAM TERRACE is 114 sq meters (1,237 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |