£176,551
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Dec 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£110,000 | 2 Dec 2013 |
£110,000 | 21 Aug 2006 |
£49,000 | 5 Jul 2002 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,281 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 December 2013 the House Price Index for NORTHUMBERLAND was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £110,000 results in an estimated price of approximately £176,551.
2 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £110,000 | £66,551 | £176,551 |
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 | 17.051 % | £18,756 | £128,756 |
3 Month Average | 44.825 % | £49,307 | £159,307 |
6 Month Average | 41.426 % | £45,568 | £155,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £70,907 | £70,000 | 14 MAUDS TERRACE |
1 Sep 2023 | £445,699 | £440,000 | SEA VIEW HOUSE PROMENADE |
24 Aug 2023 | £270,365 | £268,000 | 4 BAY VIEW EAST |
24 Feb 2023 | £144,902 | £145,000 | 18 VERNON PLACE |
31 Jan 2023 | £77,634 | £78,000 | 6 QUEEN STREET |
This house has a floor area of 119 sq meters or 1,281 sq feet when measured on 18 Oct 2008. Using an estimated price of £176,552 means this house is valued at £1,482 per sq meter (£137 per sq foot).
The average size of a house on VERNON PLACE is 131 sq meters (1,413 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,281 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Moor Croft |
Mar 2024 | Anti-social behaviour | On or near Moor Croft | |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moor Croft |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Moor Croft |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Moor Croft |