£114,107
This estimated value is based upon the latest sale price for the house of £93,000 on 9 Sep 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 |
|---|---|
| £93,000 | 9 Sep 2019 |
| £110,000 | 14 Mar 2008 |
| £57,000 | 2 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £93,000 results in an estimated price of approximately £114,107.
| 9 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £93,000 | £21,107 | £114,107 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 43.112 % | £40,094 | £133,094 |
| 3 Month Average | -1.989 % | £-1,849 | £91,150 |
| 6 Month Average | 7.091 % | £6,595 | £99,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £89,950 | £89,950 | 96 PRIMROSE TERRACE |
| 1 Sep 2023 | £131,684 | £130,000 | 10 DILSTON TERRACE |
| 4 Aug 2023 | £87,768 | £87,000 | 7 DOVE AVENUE |
| 26 Jul 2023 | £129,746 | £128,000 | 64 TRENT DRIVE |
| 14 Jan 2022 | £115,765 | £110,000 | 149 CALF CLOSE LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Jul 2019. Using an estimated price of £114,108 means this house is valued at £1,240 per sq meter (£115 per sq foot).
The average size of a house on RIBBLE WALK is 143 sq meters (1,544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Wye Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Wye Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Wye Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Wye Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Wye Avenue |