£102,366
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Cranshaw Place
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Mar 2017 |
| £71,250 | 27 Feb 2004 |
| £31,950 | 4 Jan 2002 |
| £27,950 | 5 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £80,000 results in an estimated price of approximately £102,366.
| 17 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £80,000 | £22,366 | £102,366 |
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 | 18.796 % | £15,037 | £95,037 |
| 3 Month Average | 56.193 % | £44,954 | £124,954 |
| 6 Month Average | 24.474 % | £19,579 | £99,579 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Apr 2016.
The average size of a house on CRANSHAW PLACE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranshaw Place |
| Dec 2023 | Anti-social behaviour | On or near Cranshaw Place | |
| Dec 2023 | Anti-social behaviour | On or near Cranshaw Place | |
| Dec 2023 | Anti-social behaviour | On or near Cranshaw Place | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cranshaw Place |