£332,470
This estimated value is based upon the latest sale price for the house of £270,000 on 14 May 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£270,000 | 14 May 2018 |
£237,500 | 6 Dec 2013 |
£208,000 | 15 Dec 2005 |
£82,000 | 3 May 1996 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 May 2018 the House Price Index for NORTHUMBERLAND was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £270,000 results in an estimated price of approximately £332,470.
14 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 146.7 | 23.137 % | £270,000 | £62,470 | £332,470 |
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 | 284.085 % | £767,029 | £1,037,029 |
3 Month Average | 28.896 % | £78,020 | £348,020 |
6 Month Average | -2.779 % | £-7,502 | £262,497 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Sep 2013.
The average size of a house on ALGERNON TERRACE is 103 sq meters (1,116 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Close |
Mar 2024 | Anti-social behaviour | On or near Main Road | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Main Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Main Road |
Feb 2024 | Shoplifting | Under investigation | On or near Main Road |