£116,431
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Aug 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 |
|---|---|
| £95,000 | 22 Aug 2019 |
| £76,000 | 8 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £95,000 results in an estimated price of approximately £116,431.
| 22 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £95,000 | £21,431 | £116,431 |
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 | -38.035 % | £-36,133 | £58,866 |
| 3 Month Average | 12.164 % | £11,555 | £106,555 |
| 6 Month Average | 13.924 % | £13,228 | £108,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2022 | £44,698 | £45,000 | 12 CRANBERRY ROAD |
| 26 May 2022 | £192,867 | £190,000 | 42 CALTHWAITE CLOSE |
| 27 Apr 2022 | £112,821 | £110,000 | 5 COWDRAY ROAD |
| 6 Aug 2021 | £157,778 | £142,000 | 27 CALTHWAITE CLOSE |
| 23 Oct 2020 | £210,302 | £180,000 | 46 CALTHWAITE CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Feb 2017. Using an estimated price of £116,432 means this house is valued at £1,419 per sq meter (£131 per sq foot).
The average size of a house on CRANBERRY ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cranberry Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranberry Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cranberry Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranberry Square |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cranberry Square |