£166,727
This estimated value is based upon the latest sale price for the house of £96,500 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£96,500 | 10 Feb 2012 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,220 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 February 2012 the House Price Index for NORTHUMBERLAND was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £96,500 results in an estimated price of approximately £166,727.
10 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £96,500 | £70,227 | £166,727 |
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 | 77.879 % | £75,153 | £171,653 |
3 Month Average | 47.868 % | £46,192 | £142,692 |
6 Month Average | 42.118 % | £40,643 | £137,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £114,057 | £112,000 | 178 BEAUMONT STREET |
4 Aug 2023 | £106,929 | £105,000 | 104 WRIGHT STREET |
8 Jun 2023 | £68,880 | £67,500 | 162 SALISBURY STREET |
24 Mar 2023 | £91,529 | £90,000 | 188 BEAUMONT STREET |
24 Mar 2023 | £30,510 | £30,000 | 156 GLADSTONE STREET |
This house has a floor area of 113 sq meters or 1,220 sq feet when measured on 7 Aug 2010. Using an estimated price of £166,727 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on GLADSTONE STREET is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Arcot Terrace |
Sep 2024 | Anti-social behaviour | On or near Arcot Terrace | |
Jul 2024 | Anti-social behaviour | On or near Arcot Terrace | |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Arcot Terrace |
Jul 2024 | Anti-social behaviour | On or near Arcot Terrace |