£110,999
This estimated value is based upon the latest sale price for the house of £70,000 on 24 Mar 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£70,000 | 24 Mar 2014 |
£30,000 | 10 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 March 2014 the House Price Index for NORTHUMBERLAND was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £70,000 results in an estimated price of approximately £110,999.
24 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £70,000 | £40,999 | £110,999 |
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 | 129.275 % | £90,492 | £160,492 |
3 Month Average | 111.494 % | £78,045 | £148,045 |
6 Month Average | 54.767 % | £38,337 | £108,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £162,497 | £160,000 | 3 HIGH ROW |
26 Mar 2024 | £96,482 | £95,000 | 11 SHEPHERD TERRACE |
21 Mar 2024 | £248,823 | £245,000 | CROFT GATE COTTAGE CASTLE HILL |
2 Nov 2023 | £220,600 | £215,000 | MUSGROVE CASTLE HILL |
4 Sep 2023 | £278,642 | £272,500 | 2 LYNTLEY DALE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Aug 2014. Using an estimated price of £111,000 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on SHEPHERD TERRACE is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Shield Hill |
May 2024 | Violence and sexual offences | Under investigation | On or near Shield Hill |
Jul 2024 | Other theft | Under investigation | On or near Castle Hill |
Jul 2024 | Anti-social behaviour | On or near Ashcroft Terrace | |
Apr 2024 | Possession of weapons | Under investigation | On or near Ashcroft Terrace |