£91,514
This estimated value is based upon the latest sale price for the house of £74,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 18 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £74,000 results in an estimated price of approximately £91,514.
| 18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £74,000 | £17,514 | £91,514 |
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 | -46.900 % | £-34,706 | £39,293 |
| 3 Month Average | 11.609 % | £8,590 | £82,590 |
| 6 Month Average | 19.100 % | £14,133 | £88,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £94,204 | £93,000 | 4 COLERIDGE ROAD |
| 27 Jan 2023 | £88,583 | £89,000 | 11 CRANLEIGH ROAD |
| 3 Aug 2022 | £44,879 | £45,000 | 12 CRANBERRY ROAD |
| 27 Apr 2022 | £113,278 | £110,000 | 5 COWDRAY ROAD |
| 14 Apr 2022 | £82,384 | £80,000 | 11 COLERIDGE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 21 May 2014. Using an estimated price of £91,514 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on CRAIGAVON ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Swan Court |
| Jan 2024 | Anti-social behaviour | On or near Swan Court | |
| Jan 2024 | Anti-social behaviour | On or near Swan Court | |
| Jan 2024 | Anti-social behaviour | On or near Swan Court | |
| Mar 2024 | Anti-social behaviour | On or near Coleridge Road |