£65,080
This estimated value is based upon the latest sale price for the house of £25,000 on 9 Oct 2002. 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 Cragside
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| Price Paid | Date |
|---|---|
| £25,000 | 9 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 160.321%.Applying this 160.321% change to the original purchase price of £25,000 results in an estimated price of approximately £65,080.
| 9 Oct 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 146.7 | 160.321 % | £25,000 | £40,080 | £65,080 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 111.290 % | £27,822 | £52,822 |
| 3 Month Average | 129.218 % | £32,304 | £57,304 |
| 6 Month Average | 132.340 % | £33,085 | £58,085 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 Aug 2013.
The average size of a house on QUARRY LANE is 86 sq meters (932 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Cragside |
| Feb 2024 | Anti-social behaviour | On or near Cragside | |
| Feb 2024 | Anti-social behaviour | On or near Cragside | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cragside |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Cragside |