£147,905
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£120,000 | 11 Feb 2020 |
£128,950 | 15 Dec 2006 |
£40,000 | 26 Nov 1999 |
Terraced |
Freehold |
Floor Area: 181 sq meters or 1,950 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £120,000 results in an estimated price of approximately £147,905.
11 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £120,000 | £27,905 | £147,905 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -35.870 % | £-43,043 | £76,956 |
3 Month Average | 28.517 % | £34,220 | £154,220 |
6 Month Average | 26.963 % | £32,355 | £152,355 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £823,969 | £798,650 | 8A FRONT STREET |
29 Sep 2023 | £127,818 | £125,000 | 11 TYNE VIEW TERRACE |
28 Sep 2023 | £101,743 | £99,500 | 11 OAKFIELD PARK |
28 Sep 2023 | £101,743 | £99,500 | 10 OAKFIELD PARK |
22 Sep 2023 | £125,773 | £123,000 | 14 TYNE VIEW TERRACE |
This house has a floor area of 181 sq meters or 1,950 sq feet when measured on 26 Jan 2009. Using an estimated price of £147,906 means this house is valued at £816 per sq meter (£75 per sq foot).
The average size of a house on OAKFIELD TERRACE is 116 sq meters (1,256 sq feet).
This house is the largest in the street with a floor area of 181 sq meters (1,950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Local resolution | On or near Oakfield Terrace |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakfield Terrace |
Sep 2024 | Other crime | Under investigation | On or near Oakfield Terrace |
Aug 2024 | Shoplifting | Under investigation | On or near Oakfield Terrace |
Aug 2024 | Shoplifting | Under investigation | On or near Oakfield Terrace |