£309,849
This estimated value is based upon the latest sale price for the house of £60,000 on 25 Apr 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 25 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 288 sq meters or 3,100 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 April 1997 the House Price Index for NORTHUMBERLAND was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.416%.Applying this 416.416% change to the original purchase price of £60,000 results in an estimated price of approximately £309,849.
| 25 Apr 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.416 % | £60,000 | £249,849 | £309,849 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 295.151 % | £177,090 | £237,090 |
| 3 Month Average | 200.167 % | £120,100 | £180,100 |
| 6 Month Average | 222.592 % | £133,555 | £193,555 |
This house has a floor area of 288 sq meters or 3,100 sq feet when measured on 12 Nov 2014.
The average size of a house on MARINE TERRACE is 158 sq meters (1,704 sq feet).
This house is the largest in the street with a floor area of 288 sq meters (3,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wolsley Road | |
| Feb 2024 | Anti-social behaviour | On or near Wolsley Road | |
| Feb 2024 | Anti-social behaviour | On or near Wolsley Road | |
| Feb 2024 | Anti-social behaviour | On or near Wolsley Road | |
| Feb 2024 | Anti-social behaviour | On or near Wolsley Road |