£101,887
This estimated value is based upon the latest sale price for the house of £22,000 on 26 Oct 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £22,000 | 26 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 1998 the House Price Index for NORTHUMBERLAND was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £22,000 results in an estimated price of approximately £101,887.
| 26 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £22,000 | £79,887 | £101,887 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 188.217 % | £41,407 | £63,407 |
| 3 Month Average | 110.803 % | £24,376 | £46,376 |
| 6 Month Average | 151.404 % | £33,308 | £55,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £100,789 | £99,500 | 11 OAKFIELD PARK |
| 28 Sep 2023 | £100,789 | £99,500 | 10 OAKFIELD PARK |
| 27 Jul 2023 | £157,115 | £155,000 | 42 HILLCREST |
| 23 Jun 2023 | £91,104 | £90,000 | 2 GRANGE TERRACE |
| 19 Aug 2022 | £139,624 | £140,000 | 4 GRANGE TERRACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Oct 2013. Using an estimated price of £101,888 means this house is valued at £1,095 per sq meter (£101 per sq foot).
The average size of a house on GRANGE TERRACE is 114 sq meters (1,233 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hillcrest Court | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillcrest |
| Mar 2024 | Public order | Under investigation | On or near St Mathews Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near St Mathews Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Mathews Lane |