£117,729
This estimated value is based upon the latest sale price for the house of £95,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £95,000 | 13 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2018 the House Price Index for NORTHUMBERLAND was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £95,000 results in an estimated price of approximately £117,729.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £95,000 | £22,729 | £117,729 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 76.061 % | £72,257 | £167,257 |
| 3 Month Average | 5.456 % | £5,183 | £100,183 |
| 6 Month Average | 9.511 % | £9,035 | £104,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £165,111 | £163,000 | 7 NOBLE TERRACE |
| 17 Aug 2023 | £136,191 | £135,000 | 19 CASTLE STREET |
| 3 Aug 2023 | £247,162 | £245,000 | 16 ALEXANDRA ROAD |
| 26 Apr 2023 | £121,306 | £120,000 | 6 EDWARD STREET |
| 28 Mar 2023 | £142,846 | £141,500 | 26B ALEXANDRA ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Nov 2017. Using an estimated price of £117,729 means this house is valued at £1,681 per sq meter (£156 per sq foot).
The average size of a house on JACKSON TERRACE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Alexandra Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jan 2024 | Anti-social behaviour | On or near Alexandra Road | |
| Jan 2024 | Anti-social behaviour | On or near Alexandra Road |