£211,966
This estimated value is based upon the latest sale price for the house of £190,000 on 25 Aug 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£190,000 | 25 Aug 2021 |
£165,000 | 3 Mar 2006 |
£52,950 | 5 Apr 2002 |
Terraced |
Freehold |
Floor Area: 175 sq meters or 1,883 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 2021 the House Price Index for NORTHUMBERLAND was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £190,000 results in an estimated price of approximately £211,966.
25 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £190,000 | £21,966 | £211,966 |
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 | 212.560 % | £403,863 | £593,863 |
3 Month Average | 6.792 % | £12,905 | £202,905 |
6 Month Average | 1.254 % | £2,383 | £192,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £147,179 | £145,000 | 33 MARINE TERRACE |
31 Jul 2023 | £76,023 | £75,000 | 4 ALDBOROUGH STREET |
9 Jun 2023 | £455,518 | £450,000 | 78 MIDDLETON STREET |
28 Apr 2023 | £135,964 | £134,500 | 5 MARINE TERRACE |
6 Apr 2023 | £55,599 | £55,000 | 2 ALDBOROUGH STREET |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 3 Mar 2017. Using an estimated price of £211,967 means this house is valued at £1,211 per sq meter (£112 per sq foot).
The average size of a house on MARINE TERRACE is 158 sq meters (1,704 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowley Street |
Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street |