£497,151
This estimated value is based upon the latest sale price for the house of £291,000 on 4 Jun 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £291,000 | 4 Jun 2010 |
| £269,000 | 29 Jul 2006 |
| £135,000 | 20 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,537 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 June 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £291,000 results in an estimated price of approximately £497,151.
| 4 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £291,000 | £206,151 | £497,151 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 60.841 % | £177,046 | £468,046 |
| 3 Month Average | 29.196 % | £84,960 | £375,960 |
| 6 Month Average | 25.382 % | £73,860 | £364,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £223,430 | £219,400 | 7A GRANVILLE GARDENS |
| 27 Jan 2023 | £180,482 | £180,000 | 5A GRANVILLE GARDENS |
| 20 Jan 2023 | £355,951 | £355,000 | 46 SALISBURY GARDENS |
| 21 Dec 2021 | £488,926 | £453,000 | 19 GRANVILLE GARDENS |
| 8 Dec 2021 | £457,087 | £423,500 | 45 SALISBURY GARDENS |
This house has a floor area of 142 sq meters or 1,537 sq feet when measured on 30 Jul 2009. Using an estimated price of £497,151 means this house is valued at £3,480 per sq meter (£323 per sq foot).
The average size of a house on RIPON GARDENS is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Ripon Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ripon Gardens |
| May 2024 | Anti-social behaviour | On or near Ripon Gardens | |
| May 2024 | Anti-social behaviour | On or near Ripon Gardens | |
| May 2024 | Anti-social behaviour | On or near Ripon Gardens |