£107,717
This estimated value is based upon the latest sale price for the house of £59,000 on 19 May 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,000 | 19 May 2005 |
| £29,475 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2005 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £59,000 results in an estimated price of approximately £107,717.
| 19 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £59,000 | £48,717 | £107,717 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 43.906 % | £25,904 | £84,904 |
| 3 Month Average | 11.493 % | £6,780 | £65,780 |
| 6 Month Average | 20.557 % | £12,128 | £71,128 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Aug 2019.
There is one other house on the street which we know the size of, this is 2 CRANTOCK ROAD it is 84.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crantock Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crantock Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crantock Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crantock Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Crantock Road |