£224,170
This estimated value is based upon the latest sale price for the house of £204,000 on 29 Mar 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £204,000 | 29 Mar 2021 |
| £212,500 | 18 Dec 2020 |
| £172,000 | 12 Apr 2011 |
| £138,495 | 12 Dec 2003 |
| £79,950 | 31 Jul 1995 |
| Detached |
| Leasehold |
| Floor Area: 79 sq meters or 856 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 2021 the House Price Index for TYNE AND WEAR was 133.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.888%.Applying this 9.888% change to the original purchase price of £204,000 results in an estimated price of approximately £224,170.
| 29 Mar 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 146.7 | 9.888 % | £204,000 | £20,170 | £224,170 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | -15.268 % | £-31,146 | £172,853 |
| 3 Month Average | 67.619 % | £137,941 | £341,941 |
| 6 Month Average | 27.520 % | £56,139 | £260,139 |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 20 May 2009.
The average size of a house on CRAKE WAY is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Woodlark |
| Jan 2024 | Anti-social behaviour | On or near Woodlark | |
| Jan 2024 | Anti-social behaviour | On or near Woodlark | |
| Jan 2024 | Anti-social behaviour | On or near Woodlark | |
| Dec 2023 | Vehicle crime | Under investigation | On or near Woodlark |