£607,156
This estimated value is based upon the latest sale price for the house of £455,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£455,000 | 3 Oct 2016 |
£365,000 | 26 Jul 2012 |
Freehold |
Floor Area: 305 sq meters or 3,290 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 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £455,000 results in an estimated price of approximately £607,156.
3 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £455,000 | £152,156 | £607,156 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 98.827 % | £449,664 | £904,664 |
3 Month Average | 49.090 % | £223,360 | £678,360 |
6 Month Average | 26.780 % | £121,850 | £576,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £230,000 | £230,000 | 6 RAVENSLAW GARDENS |
19 Mar 2024 | £192,965 | £190,000 | 5 AYDON CRESCENT |
7 Nov 2023 | £134,412 | £131,000 | 18 YORK CRESCENT |
1 Sep 2023 | £260,748 | £255,000 | 6 DUKE STREET |
1 Sep 2023 | £264,838 | £259,000 | 16 BRIDGE STREET |
This house has a floor area of 305 sq meters or 3,290 sq feet when measured on 13 Oct 2011. Using an estimated price of £607,157 means this house is valued at £1,986 per sq meter (£184 per sq foot).
The average size of a house on BELVEDERE TERRACE is 439 sq meters (4,731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Back Duke Street |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Back Duke Street |
Jul 2024 | Anti-social behaviour | On or near Ravenslaw Gardens | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ravenslaw Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ravenslaw Gardens |