£99,851
This estimated value is based upon the latest sale price for the house of £87,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £87,000 | 11 Dec 2020 |
| £85,000 | 13 Feb 2007 |
| £29,500 | 16 Sep 1997 |
| Terraced |
| Leasehold |
| Floor Area: 109 sq meters or 1,173 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 December 2020 the House Price Index for NORTHUMBERLAND was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £87,000 results in an estimated price of approximately £99,851.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £87,000 | £12,851 | £99,851 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | -55.314 % | £-48,123 | £38,876 |
| 3 Month Average | 3.244 % | £2,822 | £89,822 |
| 6 Month Average | -4.596 % | £-3,998 | £83,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £245,000 | £245,000 | CROFT GATE COTTAGE CASTLE HILL |
| 2 Nov 2023 | £218,231 | £215,000 | MUSGROVE CASTLE HILL |
| 4 Sep 2023 | £276,029 | £272,500 | 2 LYNTLEY DALE |
| 27 Mar 2023 | £46,438 | £46,000 | 5 SHEPHERD TERRACE |
| 15 Feb 2023 | £384,741 | £385,000 | ST WILFREDS HOUSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Oct 2015. Using an estimated price of £99,851 means this house is valued at £916 per sq meter (£85 per sq foot).
The average size of a house on SHEPHERD TERRACE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Castle Hill |
| Apr 2024 | Drugs | Under investigation | On or near Ashcroft Terrace |
| Apr 2024 | Possession of weapons | Under investigation | On or near Ashcroft Terrace |
| Feb 2024 | Anti-social behaviour | On or near Ashcroft Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Ashcroft Terrace |