£197,221
This estimated value is based upon the latest sale price for the house of £35,000 on 2 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 2 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £35,000 results in an estimated price of approximately £197,221.
| 2 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £35,000 | £162,221 | £197,221 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 324.017 % | £113,405 | £148,405 |
| 3 Month Average | 220.888 % | £77,310 | £112,310 |
| 6 Month Average | 171.140 % | £59,899 | £94,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £92,621 | £91,000 | 160 RAVENSWOOD ROAD |
| 20 Jul 2023 | £81,091 | £80,000 | 170 RAVENSWOOD ROAD |
| 14 Jul 2023 | £116,326 | £114,760 | 29 STOCKLEY AVENUE |
| 30 Jun 2023 | £113,879 | £112,500 | 158 RAVENSWOOD ROAD |
| 31 Oct 2022 | £138,509 | £140,000 | 22 RIBBLE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Jul 2013. Using an estimated price of £197,222 means this house is valued at £2,266 per sq meter (£210 per sq foot).
The average size of a house on ROTHWELL ROAD is 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rothwell Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rothwell Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rothwell Road |
| Dec 2023 | Anti-social behaviour | On or near Rothwell Road | |
| Dec 2023 | Anti-social behaviour | On or near Rothwell Road |