£294,034
This estimated value is based upon the latest sale price for the house of £228,500 on 25 May 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £228,500 | 25 May 2017 |
| £195,000 | 2 Oct 2012 |
| £38,499 | 14 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,070 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 May 2017 the House Price Index for NORTHUMBERLAND was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £228,500 results in an estimated price of approximately £294,034.
| 25 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £228,500 | £65,534 | £294,034 |
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 | -12.381 % | £-28,290 | £200,209 |
| 3 Month Average | 25.646 % | £58,600 | £287,100 |
| 6 Month Average | 14.453 % | £33,025 | £261,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £249,363 | £245,000 | 3 OLYMPIA GARDENS |
| 29 Sep 2023 | £389,986 | £385,000 | 23 FENWICK GROVE |
| 19 Jul 2023 | £152,046 | £150,000 | 5 OLYMPIA GARDENS |
| 2 Jun 2023 | £318,862 | £315,000 | 20 OLYMPIA GARDENS |
| 29 Mar 2023 | £302,853 | £300,000 | 1 DACRE COURT DACRE STREET |
This house has a floor area of 99 sq meters or 1,070 sq feet when measured on 11 Mar 2011. Using an estimated price of £294,034 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on HOWARD TERRACE is 204 sq meters (2,204 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hood Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Dacre Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dacre Street |
| Jan 2024 | Public order | Under investigation | On or near Dacre Street |
| Jan 2024 | Public order | Local resolution | On or near Dacre Street |