£263,844
This estimated value is based upon the latest sale price for the house of £208,995 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£208,995 | 29 Mar 2018 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £208,995 results in an estimated price of approximately £263,844.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £208,995 | £54,849 | £263,844 |
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 | -44.830 % | £-93,692 | £115,302 |
3 Month Average | -1.193 % | £-2,493 | £206,501 |
6 Month Average | 0.107 % | £223 | £209,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £282,162 | £275,000 | 6 BEAR PARK CLOSE |
28 Sep 2023 | £253,079 | £247,500 | 85 WHITWORTH PARK DRIVE |
11 Jan 2023 | £200,536 | £200,000 | 2 RAVENSWORTH PARK |
28 Nov 2022 | £233,906 | £235,000 | 26 WATERGATE |
25 Nov 2022 | £191,106 | £192,000 | 1 WATERHOUSES |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Mar 2018. Using an estimated price of £263,845 means this house is valued at £2,720 per sq meter (£252 per sq foot).
The average size of a house on RAVENSWORTH PARK is 128 sq meters (1,385 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitworth Park Drive |
Jun 2024 | Anti-social behaviour | On or near Whitworth Park Drive | |
Jun 2024 | Anti-social behaviour | On or near Whitworth Park Drive | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnhope Way |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnhope Way |