£195,082
This estimated value is based upon the latest sale price for the house of £190,000 on 20 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 Kingsgate Terrace
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| Price Paid | Date |
|---|---|
| £190,000 | 20 May 2022 |
| £163,000 | 16 Mar 2012 |
| £130,000 | 2 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 £190,000 results in an estimated price of approximately £195,082.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £190,000 | £5,082 | £195,082 |
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 | 23.649 % | £44,932 | £234,932 |
| 3 Month Average | 9.108 % | £17,305 | £207,305 |
| 6 Month Average | 12.939 % | £24,583 | £214,583 |
| 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 |
| 19 Aug 2022 | £120,564 | £120,000 | 38 KINGSGATE TERRACE |
| 30 Jun 2022 | £171,159 | £167,500 | 11 EILANSGATE TERRACE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 28 Jul 2021. Using an estimated price of £195,082 means this house is valued at £1,667 per sq meter (£154 per sq foot).
The average size of a house on EILANVILLE is 91 sq meters (980 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 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 |
| Jun 2024 | Anti-social behaviour | On or near Prior Terrace |