£278,273
This estimated value is based upon the latest sale price for the house of £188,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £188,000 | 2 Apr 2015 |
| £80,000 | 24 Aug 2007 |
| £75,000 | 8 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £188,000 results in an estimated price of approximately £278,273.
| 2 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £188,000 | £90,273 | £278,273 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 58.300 % | £109,604 | £297,604 |
| 3 Month Average | 22.823 % | £42,906 | £230,906 |
| 6 Month Average | 16.924 % | £31,816 | £219,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £135,000 | £135,000 | 13 WOODSIDE GROVE |
| 15 Mar 2024 | £167,575 | £165,000 | 18 WOODSIDE GROVE |
| 31 Oct 2023 | £164,230 | £160,500 | 40 CLINTON PLACE |
| 1 Sep 2023 | £150,825 | £147,500 | 21 CLINTON PLACE |
| 4 Aug 2023 | £179,233 | £176,000 | 30 BRIARDENE CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 18 Aug 2014. Using an estimated price of £278,274 means this house is valued at £2,299 per sq meter (£213 per sq foot).
The average size of a house on CRANBORNE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodside Terrace |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Woodside Terrace |
| Sep 2024 | Drugs | Under investigation | On or near Cranborne |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clinton Place |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clinton Place |