£312,532
This estimated value is based upon the latest sale price for the house of £239,000 on 17 Oct 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £239,000 | 17 Oct 2016 |
| £230,000 | 17 Dec 2010 |
| £243,000 | 7 Aug 2006 |
| £94,000 | 20 Oct 2000 |
| £80,000 | 30 Sep 1999 |
| £77,500 | 16 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,189 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 2016 the House Price Index for NORTHUMBERLAND was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £239,000 results in an estimated price of approximately £312,532.
| 17 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £239,000 | £73,532 | £312,532 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -1.055 % | £-2,520 | £236,479 |
| 3 Month Average | -4.901 % | £-11,713 | £227,286 |
| 6 Month Average | -3.651 % | £-8,725 | £230,274 |
This house has a floor area of 110 sq meters or 1,189 sq feet when measured on 26 Oct 2010.
The average size of a house on MILLFIELD TERRACE is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Fenwick Grove |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crescent Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Cockshaw |
| Feb 2024 | Public order | Awaiting court outcome | On or near Cockshaw |
| Jan 2024 | Public order | Under investigation | On or near Cockshaw |