£146,274
This estimated value is based upon the latest sale price for the house of £83,000 on 24 Oct 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £83,000 | 24 Oct 2008 |
| £49,000 | 6 Dec 2002 |
| £29,950 | 31 Mar 1999 |
| £18,000 | 23 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 October 2008 the House Price Index for NORTHUMBERLAND was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £83,000 results in an estimated price of approximately £146,274.
| 24 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £83,000 | £63,274 | £146,274 |
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 | 29.702 % | £24,653 | £107,653 |
| 3 Month Average | 25.811 % | £21,422 | £104,422 |
| 6 Month Average | 20.681 % | £17,165 | £100,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £66,014 | £65,000 | 81 CRAMOND WAY |
| 6 Dec 2023 | £268,243 | £260,000 | 1 CAIRNSMORE CLOSE |
| 19 Sep 2023 | £109,923 | £107,500 | 22 CHESTERHILL |
| 20 Feb 2023 | £74,498 | £74,000 | 87 CRAMOND WAY |
| 28 Nov 2022 | £69,624 | £69,950 | 1 CRAIGEND |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Dec 2018. Using an estimated price of £146,274 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on CAIRNSMORE CLOSE is 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Crofthead Drive | |
| Apr 2024 | Anti-social behaviour | On or near Crofthead Drive | |
| Apr 2024 | Anti-social behaviour | On or near Crofthead Drive | |
| Apr 2024 | Anti-social behaviour | On or near Crofthead Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cranshaw Place |