£286,335
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Oct 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£175,000 | 23 Oct 2013 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2013 the House Price Index for NORTHUMBERLAND was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £175,000 results in an estimated price of approximately £286,335.
23 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £175,000 | £111,335 | £286,335 |
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 | -20.294 % | £-35,514 | £139,485 |
3 Month Average | -8.174 % | £-14,304 | £160,695 |
6 Month Average | 8.870 % | £15,522 | £190,522 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £320,610 | £315,000 | 9 MILLFIELD TERRACE |
2 Nov 2023 | £159,359 | £157,000 | 4 PEARSONS TERRACE |
5 Sep 2023 | £113,451 | £112,000 | 11 RYE TERRACE |
28 Jul 2023 | £299,025 | £295,000 | 30 MILLFIELD TERRACE |
8 Jul 2022 | £162,437 | £162,000 | 21 MILLFIELD TERRACE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 21 Jun 2013. Using an estimated price of £286,336 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on MILLFIELD GARDENS is 167 sq meters (1,801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Fenwick Grove |
Feb 2024 | Public order | Awaiting court outcome | On or near Cockshaw |
Feb 2024 | Other theft | Under investigation | On or near Cockshaw |
Jan 2024 | Public order | Under investigation | On or near Cockshaw |
Dec 2023 | Burglary | Under investigation | On or near Cockshaw |