£67,378
This estimated value is based upon the latest sale price for the house of £54,275 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Raby Close
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £54,275 | 12 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £54,275 results in an estimated price of approximately £67,378.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £54,275 | £13,103 | £67,378 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -25.564 % | £-13,874 | £40,400 |
| 3 Month Average | 7.848 % | £4,259 | £58,534 |
| 6 Month Average | 7.856 % | £4,264 | £58,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £103,170 | £100,000 | 32 RAVENSWORTH AVENUE |
| 22 Nov 2023 | £61,563 | £60,000 | 36 ROSE AVENUE |
| 6 Oct 2023 | £117,673 | £115,000 | 9 RAVENSWORTH AVENUE |
| 10 Aug 2023 | £81,469 | £80,000 | 32 ROSE AVENUE |
| 8 Aug 2023 | £101,837 | £100,000 | 20 SIDINGS PLACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jun 2018. Using an estimated price of £67,379 means this house is valued at £898 per sq meter (£83 per sq foot).
The average size of a house on ROSE AVENUE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Raby Close |
| Jul 2024 | Anti-social behaviour | On or near Ravensworth Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Ravensworth Avenue |