£188,980
This estimated value is based upon the latest sale price for the house of £110,000 on 18 May 2012. 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 |
---|---|
£110,000 | 18 May 2012 |
£135,000 | 5 Nov 2007 |
£48,000 | 13 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,006 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 2012 the House Price Index for NORTHUMBERLAND was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £110,000 results in an estimated price of approximately £188,980.
18 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £110,000 | £78,980 | £188,980 |
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 | 86.494 % | £95,143 | £205,143 |
3 Month Average | 43.081 % | £47,388 | £157,388 |
6 Month Average | 41.331 % | £45,463 | £155,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £81,504 | £79,000 | 9 ARCADIA TERRACE |
11 Dec 2023 | £159,914 | £155,000 | 26 COLUMBIA TERRACE |
13 Jun 2023 | £94,902 | £93,000 | 13 DALMATIA TERRACE |
9 Sep 2022 | £94,937 | £95,000 | 23 COLUMBIA TERRACE |
27 May 2022 | £102,675 | £100,000 | 18 DALMATIA TERRACE |
This house has a floor area of 93 sq meters or 1,006 sq feet when measured on 3 Mar 2011. Using an estimated price of £188,980 means this house is valued at £2,021 per sq meter (£187 per sq foot).
The average size of a house on COLUMBIA TERRACE is 82 sq meters (885 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 |