£76,154
This estimated value is based upon the latest sale price for the house of £61,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £61,000 | 6 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £61,000 results in an estimated price of approximately £76,154.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £61,000 | £15,154 | £76,154 |
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 | 174.036 % | £106,161 | £167,161 |
| 3 Month Average | 21.276 % | £12,978 | £73,978 |
| 6 Month Average | 16.995 % | £10,367 | £71,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £135,000 | £135,000 | 48 CRANBERRY ROAD |
| 3 Aug 2022 | £45,211 | £45,000 | 12 CRANBERRY ROAD |
| 26 May 2022 | £195,082 | £190,000 | 42 CALTHWAITE CLOSE |
| 27 Apr 2022 | £114,116 | £110,000 | 5 COWDRAY ROAD |
| 6 Aug 2021 | £159,590 | £142,000 | 27 CALTHWAITE CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 May 2018. Using an estimated price of £76,154 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on CRANBERRY SQUARE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cranberry Square |
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Cranberry Road |
| Jul 2024 | Anti-social behaviour | On or near Cranberry Road | |
| Jul 2024 | Anti-social behaviour | On or near Cranberry Road | |
| Jul 2024 | Anti-social behaviour | On or near Cranberry Road |