£30,613
This estimated value is based upon the latest sale price for the house of £30,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £30,000 | 29 Jun 2023 |
| £29,050 | 26 Nov 2021 |
| £33,500 | 21 Dec 2020 |
| £51,500 | 16 Feb 2007 |
| £40,000 | 16 Jan 2007 |
| £24,000 | 15 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 June 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £30,000 results in an estimated price of approximately £30,613.
| 29 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £30,000 | £613 | £30,613 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 158.884 % | £47,665 | £77,665 |
| 3 Month Average | 27.002 % | £8,100 | £38,100 |
| 6 Month Average | 24.923 % | £7,476 | £37,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £77,378 | £75,000 | 24 LYNN STREET |
| 14 Dec 2023 | £69,640 | £67,500 | 4 - 6 LYNN STREET |
| 1 Dec 2023 | £82,536 | £80,000 | 59 MARLOW STREET |
| 30 Oct 2023 | £140,184 | £137,000 | 15 BOLAM AVENUE |
| 25 Aug 2023 | £132,388 | £130,000 | 35 BOLAM AVENUE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 19 Oct 2021. Using an estimated price of £30,613 means this house is valued at £987 per sq meter (£91 per sq foot).
The average size of a house on RAILWAY TERRACE is 68 sq meters (737 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Railway Terrace |
| Sep 2024 | Anti-social behaviour | On or near Railway Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Railway Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Railway Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Railway Terrace |