£364,556
This estimated value is based upon the latest sale price for the house of £65,950 on 11 Oct 1996. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £65,950 | 11 Oct 1996 |
| Detached |
| 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 October 1996 the House Price Index for NORTHUMBERLAND was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £65,950 results in an estimated price of approximately £364,556.
| 11 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £65,950 | £298,606 | £364,556 |
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 | 535.380 % | £353,083 | £419,033 |
| 3 Month Average | 321.660 % | £212,134 | £278,084 |
| 6 Month Average | 278.699 % | £183,801 | £249,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £352,777 | £345,000 | 7 BURGHLEY GARDENS |
| 8 Sep 2023 | £209,621 | £205,000 | 15 KIRKHARLE DRIVE |
| 21 Apr 2023 | £234,384 | £230,000 | 6 BURGHLEY GARDENS |
| 12 Sep 2022 | £379,746 | £380,000 | EAST FARM PEGSWOOD VILLAGE |
| 14 Apr 2022 | £233,420 | £225,000 | 49 KIRKHARLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kirkharle Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kirkharle Drive |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Trentham Gardens |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pegswood Precinct |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pegswood Precinct |