£260,405
This estimated value is based upon the latest sale price for the house of £144,950 on 11 Sep 2009. 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 Crudwell Close
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Price Paid | Date |
---|---|
£144,950 | 11 Sep 2009 |
£154,000 | 3 Nov 2006 |
£73,000 | 12 Apr 2002 |
£65,950 | 23 Jun 2000 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 September 2009 the House Price Index for TYNE AND WEAR was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £144,950 results in an estimated price of approximately £260,405.
11 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £144,950 | £115,455 | £260,405 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -40.553 % | £-58,781 | £86,168 |
3 Month Average | -18.194 % | £-26,372 | £118,577 |
6 Month Average | 14.903 % | £21,601 | £166,551 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £340,462 | £330,000 | 16 CINDERFORD CLOSE |
4 Mar 2022 | £182,688 | £175,000 | 3 EASTCOMBE CLOSE |
3 Feb 2022 | £6,920 | £6,550 | 40 CHELTENHAM DRIVE |
17 Dec 2021 | £94,439 | £87,500 | 2 CRUDWELL CLOSE |
17 Dec 2021 | £103,560 | £95,950 | 11 BROCKHAMPTON CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Jul 2020. Using an estimated price of £260,406 means this house is valued at £3,829 per sq meter (£355 per sq foot).
The average size of a house on CHELTENHAM DRIVE is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near Crudwell Close |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Crudwell Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Crudwell Close |
Jul 2024 | Public order | Under investigation | On or near Edgeworth Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nailsworth Close |