£70,921
This estimated value is based upon the latest sale price for the house of £56,000 on 11 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Long Crag
More crime details
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| Price Paid | Date |
|---|---|
| £56,000 | 11 Dec 2017 |
| £23,000 | 14 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £56,000 results in an estimated price of approximately £70,921.
| 11 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £56,000 | £14,921 | £70,921 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -84.023 % | £-47,052 | £8,947 |
| 3 Month Average | -11.264 % | £-6,307 | £49,692 |
| 6 Month Average | -30.053 % | £-16,829 | £39,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £168,031 | £165,000 | 3 BINK MOSS |
| 19 Jun 2023 | £78,575 | £77,000 | 7 STRIDINGEDGE |
| 19 Nov 2021 | £114,400 | £105,000 | 27 LONG CRAG |
| 30 Jun 2021 | £162,130 | £150,000 | 14 BINK MOSS |
| 30 Jun 2021 | £162,130 | £150,000 | 6 BINK MOSS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Apr 2017. Using an estimated price of £70,921 means this house is valued at £933 per sq meter (£86 per sq foot).
The average size of a house on STRIDINGEDGE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Long Crag |
| May 2024 | Violence and sexual offences | Under investigation | On or near Long Crag |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Crag |
| May 2024 | Criminal damage and arson | Under investigation | On or near Stridingedge |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stridingedge |