£147,385
This estimated value is based upon the latest sale price for the house of £43,000 on 25 May 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £43,000 | 25 May 2001 |
| Detached |
| Freehold |
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 May 2001 the House Price Index for TYNE AND WEAR was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £43,000 results in an estimated price of approximately £147,385.
| 25 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £43,000 | £104,385 | £147,385 |
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 | 39.011 % | £16,774 | £59,774 |
| 3 Month Average | 56.438 % | £24,268 | £67,268 |
| 6 Month Average | 77.152 % | £33,175 | £76,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £70,618 | £70,000 | 34 WESTERNMOOR |
| 9 Jun 2023 | £151,789 | £149,950 | 26 CRAGGYKNOWE |
| 8 Apr 2022 | £182,789 | £177,500 | 99 WESTERNMOOR |
| 4 Oct 2021 | £210,231 | £190,000 | 41 HUTTON CLOSE |
| 27 Aug 2021 | £225,354 | £202,000 | 45 CRAGGYKNOWE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Craggyknowe |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craggyknowe |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craggyknowe |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Craggyknowe |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Herdinghill |