£157,892
This estimated value is based upon the latest sale price for the house of £103,500 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £103,500 | 1 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2014 the House Price Index for NORTHUMBERLAND was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £103,500 results in an estimated price of approximately £157,892.
| 1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £103,500 | £54,392 | £157,892 |
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 | 83.733 % | £86,663 | £190,163 |
| 3 Month Average | 43.114 % | £44,623 | £148,123 |
| 6 Month Average | 33.778 % | £34,959 | £138,459 |
| 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 |
| 9 Sep 2022 | £94,937 | £95,000 | 23 COLUMBIA TERRACE |
| 27 May 2022 | £102,675 | £100,000 | 18 DALMATIA TERRACE |
| 28 Jan 2022 | £132,525 | £125,000 | 18 BOHEMIA TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Dec 2013. Using an estimated price of £157,892 means this house is valued at £1,662 per sq meter (£154 per sq foot).
The average size of a house on COLUMBIA TERRACE is 82 sq meters (885 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Bohemia Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Bohemia Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Bohemia Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Bohemia Terrace | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bohemia Terrace |