£327,576
This estimated value is based upon the latest sale price for the house of £265,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £265,000 | 7 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £265,000 results in an estimated price of approximately £327,576.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £265,000 | £62,576 | £327,576 |
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 | -27.627 % | £-73,211 | £191,788 |
| 3 Month Average | -22.665 % | £-60,062 | £204,937 |
| 6 Month Average | -12.041 % | £-31,907 | £233,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £440,127 | £434,500 | 4 ST GEORGES ROAD |
| 17 Aug 2023 | £464,060 | £460,000 | HIGHCROFT ELVASTON ROAD |
| 17 Aug 2023 | £337,957 | £335,000 | 13 ELVASTON ROAD |
| 4 Jul 2023 | £567,640 | £560,000 | 14 ELVASTON ROAD |
| 5 Apr 2023 | £286,586 | £283,500 | 15 ST NICHOLAS ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 28 Aug 2018. Using an estimated price of £327,576 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on CROFT TERRACE is 152 sq meters (1,640 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near St Hilda'S Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Nicholas Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Nicholas Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Nicholas Road |