£203,136
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Aug 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 686 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 August 2005 the House Price Index for NORTHUMBERLAND was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £110,000 results in an estimated price of approximately £203,136.
| 25 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £110,000 | £93,136 | £203,136 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 107.397 % | £118,136 | £228,136 |
| 3 Month Average | 96.846 % | £106,530 | £216,530 |
| 6 Month Average | 54.468 % | £59,914 | £169,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £181,577 | £180,000 | 43 RAMSEYS LANE |
| 4 Mar 2024 | £55,858 | £55,000 | 24 HIGH STREET |
| 20 Dec 2023 | £175,389 | £170,000 | 60 HIGH STREET |
| 26 Oct 2023 | £122,789 | £120,000 | 29 BURNHOUSE ROAD |
| 10 Oct 2023 | £168,835 | £165,000 | 1 GLENDALE ROAD |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 13 Aug 2009. Using an estimated price of £203,137 means this house is valued at £3,184 per sq meter (£295 per sq foot).
The average size of a house on RAMSEYS LANE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Ramsey Lane |