£74,995
This estimated value is based upon the latest sale price for the house of £40,000 on 18 Apr 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Oakland Terrace
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 18 Apr 2005 |
| £11,000 | 24 May 1996 |
| Terraced |
| Freehold |
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 April 2005 the House Price Index for NORTHUMBERLAND was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £40,000 results in an estimated price of approximately £74,995.
| 18 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £40,000 | £34,995 | £74,995 |
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 | 31.127 % | £12,450 | £52,450 |
| 3 Month Average | 43.553 % | £17,421 | £57,421 |
| 6 Month Average | 33.264 % | £13,305 | £53,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £75,208 | £73,500 | 22 BRIDGE ROAD |
| 22 Sep 2023 | £89,472 | £87,500 | 22A ALBION TERRACE |
| 14 Sep 2023 | £56,751 | £55,500 | 84 DALTON AVENUE |
| 13 Apr 2023 | £45,858 | £45,000 | 4 OAKLAND TERRACE |
| 21 Mar 2023 | £91,529 | £90,000 | LYNEMOUTH SERVICE STATION ALBION TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Oakland Terrace |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakland Terrace |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsley Road |
| May 2024 | Anti-social behaviour | On or near Kingsley Road | |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kingsley Road |