£106,663
This estimated value is based upon the latest sale price for the house of £73,750 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £73,750 | 19 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2015 the House Price Index for NORTHUMBERLAND was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £73,750 results in an estimated price of approximately £106,663.
| 19 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.0 | 44.629 % | £73,750 | £32,913 | £106,663 |
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 | 47.353 % | £34,922 | £108,672 |
| 3 Month Average | 22.825 % | £16,833 | £90,583 |
| 6 Month Average | 25.450 % | £18,769 | £92,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £167,146 | £165,000 | 51 KINGSGATE TERRACE |
| 2 Feb 2023 | £209,011 | £210,000 | 40 KINGSGATE TERRACE |
| 11 Jan 2023 | £148,694 | £150,000 | 3 EILANSGATE TERRACE |
| 19 Aug 2022 | £119,195 | £120,000 | 38 KINGSGATE TERRACE |
| 30 Jun 2022 | £169,215 | £167,500 | 11 EILANSGATE TERRACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Oct 2014. Using an estimated price of £106,664 means this house is valued at £1,807 per sq meter (£167 per sq foot).
The average size of a house on KINGSGATE TERRACE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsgate |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fenwick Grove |
| Feb 2024 | Public order | Awaiting court outcome | On or near Cockshaw |
| Feb 2024 | Other theft | Under investigation | On or near Cockshaw |
| Jan 2024 | Public order | Under investigation | On or near Cockshaw |