£140,769
This estimated value is based upon the latest sale price for the house of £120,000 on 22 Oct 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 | 22 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £120,000 results in an estimated price of approximately £140,769.
| 22 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £120,000 | £20,769 | £140,769 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | -29.164 % | £-34,997 | £85,002 |
| 3 Month Average | 30.055 % | £36,066 | £156,066 |
| 6 Month Average | 1.097 % | £1,316 | £121,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £131,147 | £130,000 | PINE RIDGE GARDEN TERRACE |
| 5 Jun 2023 | £91,104 | £90,000 | 4 CENTRAL PLACE |
| 28 Apr 2023 | £90,980 | £90,000 | 9 FAIRFIELD PARK |
| 15 Feb 2023 | £384,741 | £385,000 | ST WILFREDS HOUSE |
| 31 Oct 2022 | £87,063 | £88,000 | 13 FAIRFIELD PARK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Apr 2020. Using an estimated price of £140,770 means this house is valued at £1,675 per sq meter (£155 per sq foot).
The average size of a house on GARDEN TERRACE is 132 sq meters (1,424 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Park |
| Mar 2024 | Shoplifting | Offender given a caution | On or near Orchard Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Gardens |