£660,529
This estimated value is based upon the latest sale price for the house of £371,250 on 16 Mar 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £371,250 | 16 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 March 2006 the House Price Index for TYNE AND WEAR was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £371,250 results in an estimated price of approximately £660,529.
| 16 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £371,250 | £289,279 | £660,529 |
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 | 72.623 % | £269,614 | £640,864 |
| 3 Month Average | 54.110 % | £200,883 | £572,133 |
| 6 Month Average | 49.277 % | £182,939 | £554,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £84,136 | £82,000 | 8 SHELLEY AVENUE |
| 29 Sep 2023 | £178,945 | £175,000 | 49 OAK AVENUE |
| 23 Aug 2023 | £122,204 | £120,000 | 26 SUTTON WAY |
| 16 Jun 2023 | £122,454 | £120,000 | 19 CRAGSIDE |
| 9 Sep 2022 | £139,907 | £140,000 | 3 HOLLY AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 11 Mar 2015. Using an estimated price of £660,529 means this house is valued at £4,684 per sq meter (£435 per sq foot).
The average size of a house on CLEADON TOWERS is 287 sq meters (3,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eastway |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cragside |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Cragside |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cragside |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Flaunden Close |