£230,071
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £225,000 | 27 Sep 2023 |
| £200,000 | 18 Jul 2018 |
| £120,000 | 11 Feb 2011 |
| £50,500 | 4 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2023 the House Price Index for NORTHUMBERLAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £225,000 results in an estimated price of approximately £230,071.
| 27 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £225,000 | £5,071 | £230,071 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 10.588 % | £23,823 | £248,823 |
| 3 Month Average | 26.543 % | £59,722 | £284,722 |
| 6 Month Average | 16.578 % | £37,301 | £262,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £313,822 | £309,000 | 6 ALGERNON TERRACE |
| 27 Sep 2023 | £230,072 | £225,000 | 4 DENE TERRACE WEST |
| 1 Sep 2023 | £434,580 | £425,000 | 6 BLUEBELL CLOSE |
| 15 Mar 2023 | £589,851 | £580,000 | 3 DENECROFT |
| 28 Feb 2023 | £302,017 | £300,000 | 23 ALGERNON TERRACE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 May 2018. Using an estimated price of £230,072 means this house is valued at £3,710 per sq meter (£344 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Denecroft |
| May 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
| May 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
| May 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane |