£207,922
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Jul 2016. 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 |
---|---|
£155,000 | 15 Jul 2016 |
£54,000 | 31 Jan 1997 |
Semi-Detached |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £155,000 results in an estimated price of approximately £207,922.
15 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £155,000 | £52,922 | £207,922 |
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 | -59.467 % | £-92,174 | £62,825 |
3 Month Average | -42.846 % | £-66,411 | £88,588 |
6 Month Average | 18.281 % | £28,336 | £183,336 |
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 73 sq meters or 785 sq feet when measured on 4 Apr 2016. Using an estimated price of £207,922 means this house is valued at £2,848 per sq meter (£264 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 |