£236,247
This estimated value is based upon the latest sale price for the house of £138,000 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £138,000 | 27 Jan 2012 |
| £76,500 | 28 Jan 2002 |
| £48,000 | 24 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,061 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 January 2012 the House Price Index for NORTHUMBERLAND was 86.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.194%.Applying this 71.194% change to the original purchase price of £138,000 results in an estimated price of approximately £236,247.
| 27 Jan 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.0 | 71.194 % | £138,000 | £98,247 | £236,247 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 77.602 % | £107,090 | £245,090 |
| 3 Month Average | 24.805 % | £34,231 | £172,231 |
| 6 Month Average | 21.897 % | £30,217 | £168,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £167,146 | £165,000 | 51 KINGSGATE TERRACE |
| 2 Feb 2023 | £209,011 | £210,000 | 40 KINGSGATE TERRACE |
| 11 Jan 2023 | £148,694 | £150,000 | 3 EILANSGATE TERRACE |
| 19 Aug 2022 | £119,195 | £120,000 | 38 KINGSGATE TERRACE |
| 30 Jun 2022 | £169,215 | £167,500 | 11 EILANSGATE TERRACE |
This house has a floor area of 98 sq meters or 1,061 sq feet when measured on 16 Sep 2011. Using an estimated price of £236,248 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on KINGSGATE TERRACE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsgate |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fenwick Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prior Terrace |
| Apr 2024 | Public order | Offender given a caution | On or near Prior Terrace |
| Feb 2024 | Public order | Awaiting court outcome | On or near Cockshaw |