£99,562
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 18 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £80,000 results in an estimated price of approximately £99,562.
| 18 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £80,000 | £19,562 | £99,562 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 123.876 % | £99,100 | £179,100 |
| 3 Month Average | 32.322 % | £25,857 | £105,857 |
| 6 Month Average | 19.761 % | £15,808 | £95,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £165,000 | £165,000 | 20 CASPIAN ROAD |
| 2 Apr 2024 | £67,587 | £67,000 | 46 CAMPBELL ROAD |
| 7 Dec 2023 | £123,753 | £119,950 | 139 FERRYBOAT LANE |
| 13 Oct 2023 | £94,138 | £92,000 | 10 CASPIAN ROAD |
| 26 Sep 2023 | £89,984 | £88,000 | 9 CULLERCOATS ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Aug 2018. Using an estimated price of £99,563 means this house is valued at £1,422 per sq meter (£132 per sq foot).
The average size of a house on CRICKLEWOOD ROAD is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clacton Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clacton Road |