£534,354
This estimated value is based upon the latest sale price for the house of £307,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £307,000 | 30 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,584 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 September 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £307,000 results in an estimated price of approximately £534,354.
| 30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £307,000 | £227,354 | £534,354 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 67.387 % | £206,879 | £513,879 |
| 3 Month Average | 55.142 % | £169,286 | £476,286 |
| 6 Month Average | 43.917 % | £134,825 | £441,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £737,667 | £715,000 | 4 COLSTON WAY |
| 3 Apr 2023 | £178,336 | £175,000 | 3 BEAUMONT COURT |
| 17 Feb 2023 | £488,262 | £485,000 | 11 CLIFTON GROVE |
| 30 Jan 2023 | £516,380 | £515,000 | 14 CLIFTON GROVE |
| 14 Nov 2022 | £543,459 | £546,000 | 8 CHEVINGTON GROVE |
This house has a floor area of 147 sq meters or 1,584 sq feet when measured on 3 Apr 2009. Using an estimated price of £534,354 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on CRANLEIGH PLACE is 186 sq meters (2,006 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,584 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Chesters |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Chesters |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Grenville Way |
| Aug 2024 | Anti-social behaviour | On or near St Martin'S Close | |
| Aug 2024 | Anti-social behaviour | On or near St Martin'S Close |