£78,681
This estimated value is based upon the latest sale price for the house of £77,000 on 6 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£77,000 | 6 Jun 2022 |
£68,000 | 23 Jan 2017 |
£65,000 | 20 Sep 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 June 2022 the House Price Index for NORTHUMBERLAND was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £77,000 results in an estimated price of approximately £78,681.
6 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £77,000 | £1,681 | £78,681 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -13.418 % | £-10,331 | £66,668 |
3 Month Average | 11.853 % | £9,127 | £86,127 |
6 Month Average | 8.032 % | £6,184 | £83,184 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £153,208 | £148,500 | 57 CRAMOND WAY |
6 Dec 2023 | £268,243 | £260,000 | 1 CAIRNSMORE CLOSE |
1 Feb 2023 | £130,874 | £130,000 | 74 COLTPARK PLACE |
28 Nov 2022 | £69,624 | £69,950 | 1 CRAIGEND |
3 Aug 2022 | £226,057 | £225,000 | 9 CROFTHEAD DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 27 Jul 2012. Using an estimated price of £78,682 means this house is valued at £1,573 per sq meter (£146 per sq foot).
The average size of a house on CRAIGEND is 64 sq meters (694 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cranshaw Place |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranshaw Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cranshaw Place |
May 2024 | Violence and sexual offences | Under investigation | On or near Cranshaw Place |
Apr 2024 | Anti-social behaviour | On or near Crofthead Drive |