£150,702
This estimated value is based upon the latest sale price for the house of £33,200 on 7 Dec 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£33,200 | 7 Dec 1998 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 1998 the House Price Index for NORTHUMBERLAND was 32.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 353.923%.Applying this 353.923% change to the original purchase price of £33,200 results in an estimated price of approximately £150,702.
7 Dec 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 146.7 | 353.923 % | £33,200 | £117,502 | £150,702 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 77.735 % | £25,807 | £59,007 |
3 Month Average | 84.497 % | £28,052 | £61,252 |
6 Month Average | 165.830 % | £55,055 | £88,255 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 30 Mar 2017.
The average size of a house on LOUVAIN TERRACE is 106 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Ford Terrace | |
Dec 2023 | Anti-social behaviour | On or near Ford Terrace | |
Dec 2023 | Anti-social behaviour | On or near Ford Terrace | |
Dec 2023 | Anti-social behaviour | On or near Ford Terrace | |
Mar 2024 | Possession of weapons | Under investigation | On or near Broadway |