£102,674
This estimated value is based upon the latest sale price for the house of £100,000 on 27 May 2022. 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 Arcadia Terrace
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Price Paid | Date |
---|---|
£100,000 | 27 May 2022 |
£86,000 | 18 Mar 2019 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 846 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 May 2022 the House Price Index for NORTHUMBERLAND was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £100,000 results in an estimated price of approximately £102,674.
27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £100,000 | £2,674 | £102,674 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 47.051 % | £47,051 | £147,051 |
3 Month Average | 20.153 % | £20,153 | £120,153 |
6 Month Average | 14.661 % | £14,660 | £114,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £81,504 | £79,000 | 9 ARCADIA TERRACE |
11 Sep 2023 | £56,240 | £55,000 | 151A PLESSEY ROAD |
13 Jun 2023 | £94,902 | £93,000 | 13 DALMATIA TERRACE |
3 Feb 2023 | £102,686 | £102,000 | 187 PLESSEY ROAD |
9 Sep 2022 | £94,937 | £95,000 | 23 COLUMBIA TERRACE |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 1 Jun 2011. Using an estimated price of £102,675 means this house is valued at £1,305 per sq meter (£121 per sq foot).
The average size of a house on DALMATIA TERRACE is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Arcadia Terrace |
Jul 2024 | Anti-social behaviour | On or near Arcadia Terrace | |
Jul 2024 | Anti-social behaviour | On or near Arcadia Terrace | |
Jul 2024 | Anti-social behaviour | On or near Arcadia Terrace | |
Jun 2024 | Anti-social behaviour | On or near Arcadia Terrace |