£145,996
This estimated value is based upon the latest sale price for the house of £83,000 on 23 Mar 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £83,000 | 23 Mar 2006 |
| £23,950 | 22 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 Apr 2024 is 148.0 which is a change of 75.900%.Applying this 75.900% change to the original purchase price of £83,000 results in an estimated price of approximately £145,996.
| 23 Mar 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.0 | 75.900 % | £83,000 | £62,996 | £145,996 |
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 | -40.214 % | £-33,377 | £49,622 |
| 3 Month Average | 11.649 % | £9,668 | £92,668 |
| 6 Month Average | 16.012 % | £13,289 | £96,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £88,225 | £89,000 | 11 CRANLEIGH ROAD |
| 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 |
| 23 Dec 2021 | £128,046 | £120,000 | 32 COWDRAY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Nov 2015. Using an estimated price of £145,997 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on COWDRAY ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowdray Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranberry Road |
| Mar 2024 | Violence and sexual offences | Under investigation | 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 Calthwaite Close |