£205,581
This estimated value is based upon the latest sale price for the house of £159,251 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£159,251 | 31 Mar 2017 |
Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 March 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £159,251 results in an estimated price of approximately £205,581.
31 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.0 | 29.093 % | £159,251 | £46,330 | £205,581 |
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 | 0.513 % | £816 | £160,067 |
3 Month Average | 2.628 % | £4,185 | £163,436 |
6 Month Average | 17.799 % | £28,344 | £187,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £95,000 | £95,000 | 2 MARINE COTTAGES |
20 Dec 2023 | £249,725 | £245,000 | 64 GIBSON STREET |
30 Aug 2022 | £379,436 | £382,000 | WESTCLIFFE HOUSE WINDSOR TERRACE |
29 Apr 2022 | £123,077 | £120,000 | 6 WESTFIELD CRESCENT |
25 Apr 2022 | £170,256 | £166,000 | THE CARRIAGE HOUSE, 8A WINDSOR TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Apr 2017. Using an estimated price of £205,581 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on GIBSON STREET is 128 sq meters (1,382 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Promenade View | |
Jan 2024 | Anti-social behaviour | On or near Promenade View | |
Jan 2024 | Anti-social behaviour | On or near Promenade View | |
Jan 2024 | Anti-social behaviour | On or near Promenade View | |
Jan 2024 | Anti-social behaviour | On or near Promenade View |