£690,703
This estimated value is based upon the latest sale price for the house of £430,000 on 30 Apr 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £430,000 | 30 Apr 2007 |
| £155,000 | 18 Jan 1999 |
| £137,675 | 19 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in April 2007 the House Price Index for NORTHUMBERLAND was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £430,000 results in an estimated price of approximately £690,703.
| 30 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £430,000 | £260,703 | £690,703 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | 86.998 % | £374,091 | £804,091 |
| 3 Month Average | 42.248 % | £181,666 | £611,666 |
| 6 Month Average | 22.876 % | £98,365 | £528,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £691,045 | £685,000 | 2 BILBERRY WAY |
| 21 Jul 2023 | £462,221 | £456,000 | 7 CRAGSIDE |
| 17 Feb 2023 | £574,613 | £575,000 | 25 CRAGSIDE |
| 3 Dec 2021 | £496,048 | £463,000 | 35 CRAGSIDE |
| 30 Nov 2021 | £586,181 | £542,000 | 11 JAMESON DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 13 Nov 2014. Using an estimated price of £690,704 means this house is valued at £5,232 per sq meter (£486 per sq foot).
The average size of a house on CRAGSIDE is 126 sq meters (1,365 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Jameson Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kiln View |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Crofts Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Crofts Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kiln View |