£139,333
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 22 Oct 2021 |
| £123,500 | 21 May 2004 |
| £85,000 | 14 Mar 2003 |
| £57,000 | 20 Jul 2001 |
| £54,075 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2021 the House Price Index for NORTHUMBERLAND was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £125,000 results in an estimated price of approximately £139,333.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £125,000 | £14,333 | £139,333 |
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 | 56.963 % | £71,203 | £196,203 |
| 3 Month Average | 11.187 % | £13,984 | £138,984 |
| 6 Month Average | 29.859 % | £37,323 | £162,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £163,607 | £160,000 | 25 EILANSGATE TERRACE |
| 30 Jun 2023 | £118,372 | £116,000 | 3 TYNE GREEN MEWS |
| 11 Jan 2023 | £150,402 | £150,000 | 3 EILANSGATE TERRACE |
| 30 Jun 2022 | £171,159 | £167,500 | 11 EILANSGATE TERRACE |
| 27 May 2022 | £148,879 | £145,000 | 2 EILANVILLE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jun 2021. Using an estimated price of £139,334 means this house is valued at £2,049 per sq meter (£190 per sq foot).
The average size of a house on PRIOR TERRACE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Prior Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Prior Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Prior Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Prior Terrace | |
| May 2024 | Anti-social behaviour | On or near Prior Terrace |