£2,206,073
This estimated value is based upon the latest sale price for the house of £1,800,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £1,800,000 | 16 Aug 2019 |
| Freehold |
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 August 2019 the House Price Index for NORTHUMBERLAND was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £1,800,000 results in an estimated price of approximately £2,206,073.
| 16 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £1,800,000 | £406,073 | £2,206,073 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 1.633 % | £29,396 | £1,829,396 |
| 3 Month Average | -5.287 % | £-95,158 | £1,704,841 |
| 6 Month Average | 7.745 % | £139,407 | £1,939,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £175,826 | £172,500 | 22 WALLRIDGE COTTAGES |
| 2 Aug 2023 | £523,182 | £520,000 | MAPLE COTTAGE HOME FARM |
| 24 Oct 2022 | £3,941,411 | £4,000,000 | BOLBEC CHASE WHALTON PARK |
| 12 Aug 2022 | £725,101 | £730,000 | 12 WHALTON PARK |
| 30 May 2022 | £370,508 | £365,000 | THE CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Belsay Bridge |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Belsay Bridge |