£162,006
This estimated value is based upon the latest sale price for the house of £136,250 on 24 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£136,250 | 24 Mar 2020 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £136,250 results in an estimated price of approximately £162,006.
24 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 146.7 | 18.904 % | £136,250 | £25,756 | £162,006 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 63.675 % | £86,757 | £223,007 |
3 Month Average | 75.897 % | £103,409 | £239,659 |
6 Month Average | 83.976 % | £114,417 | £250,667 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Aug 2019.
The average size of a house on GRASMERE TERRACE is 171 sq meters (1,846 sq feet).
This house is the smallest in the street with a floor area of 115 sq meters (1,237 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Aqua Terrace | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aqua Terrace |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Windsor Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Windsor Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Windsor Road |