£166,929
This estimated value is based upon the latest sale price for the house of £142,300 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£142,300 | 26 Oct 2020 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £142,300 results in an estimated price of approximately £166,929.
26 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £142,300 | £24,629 | £166,929 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -11.310 % | £-16,094 | £126,205 |
3 Month Average | -1.988 % | £-2,828 | £139,471 |
6 Month Average | 5.149 % | £7,326 | £149,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £304,093 | £300,000 | 9 HUNSTANTON COURT |
7 Jul 2023 | £233,138 | £230,000 | 4 LONGNIDDRY COURT |
11 Apr 2023 | £338,646 | £335,000 | 2 GREENACRE PARK |
10 Aug 2022 | £209,436 | £210,000 | 8 LONGNIDDRY COURT |
11 Mar 2022 | £207,252 | £200,000 | 13 CRAMOND COURT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Jun 2020. Using an estimated price of £166,930 means this house is valued at £2,454 per sq meter (£228 per sq foot).
The average size of a house on CRAMOND COURT is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Cramond Court |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cramond Court |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Hunstanton Court |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Chowdene Bank |