£34,694
This estimated value is based upon the latest sale price for the house of £26,000 on 26 Oct 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £26,000 | 26 Oct 2016 |
| £72,000 | 15 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2016 the House Price Index for NORTHUMBERLAND was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £26,000 results in an estimated price of approximately £34,694.
| 26 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £26,000 | £8,694 | £34,694 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 58.513 % | £15,213 | £41,213 |
| 3 Month Average | 40.453 % | £10,517 | £36,517 |
| 6 Month Average | 80.682 % | £20,977 | £46,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £155,000 | £155,000 | 4 LOCARNO PLACE |
| 3 Apr 2024 | £171,489 | £170,000 | 2 LOCARNO PLACE |
| 6 Oct 2023 | £148,370 | £145,000 | 18 SIMONSIDE TERRACE |
| 22 Jul 2022 | £232,328 | £230,000 | 6 FRONT STREET |
| 2 Feb 2022 | £134,170 | £127,000 | 17 SIMONSIDE TERRACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 12 Aug 2015. Using an estimated price of £34,695 means this house is valued at £354 per sq meter (£32 per sq foot).
The average size of a house on SIMONSIDE TERRACE is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near West View |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West View |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near West View |
| Aug 2024 | Public order | Under investigation | On or near West View |