£376,062
This estimated value is based upon the latest sale price for the house of £318,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £318,000 | 11 Sep 2020 |
| £280,000 | 30 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 September 2020 the House Price Index for NORTHUMBERLAND was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £318,000 results in an estimated price of approximately £376,062.
| 11 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £318,000 | £58,062 | £376,062 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | -57.532 % | £-182,952 | £135,047 |
| 3 Month Average | -5.092 % | £-16,192 | £301,807 |
| 6 Month Average | 6.975 % | £22,179 | £340,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £390,007 | £385,000 | 26 BRUMELL DRIVE |
| 2 Nov 2023 | £372,279 | £367,500 | 108 WANSDYKE |
| 7 Aug 2023 | £477,906 | £475,000 | 35 GHYLL EDGE |
| 28 Mar 2023 | £477,582 | £475,000 | 29 WANSDYKE |
| 17 Feb 2023 | £139,341 | £140,000 | 18 BRUMELL DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 9 Jun 2020. Using an estimated price of £376,063 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on GHYLL EDGE is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near North Leech |