£1,234,877
This estimated value is based upon the latest sale price for the house of £205,634 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,634 | 20 Oct 2023 |
| £180,000 | 30 Sep 2021 |
| £124,995 | 20 Jun 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 October 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £205,634 results in an estimated price of approximately £1,234,877.
| 20 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £205,634 | £1,029,243 | £1,234,877 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 5.879 % | £12,089 | £217,723 |
| 3 Month Average | -14.502 % | £-29,820 | £175,813 |
| 6 Month Average | -10.115 % | £-20,799 | £184,834 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Oct 2013.
The average size of a house on CRAGHALL DENE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Craghall Dene |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craghall Dene |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craghall Dene |
| Feb 2024 | Anti-social behaviour | On or near Willowbank Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Willowbank Gardens |