£89,165
This estimated value is based upon the latest sale price for the house of £67,500 on 5 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£67,500 | 5 Dec 2016 |
£109,950 | 5 Dec 2007 |
£89,950 | 12 Aug 2005 |
£39,000 | 10 Sep 1999 |
£21,500 | 26 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £67,500 results in an estimated price of approximately £89,165.
5 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £67,500 | £21,665 | £89,165 |
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 | 99.181 % | £66,947 | £134,447 |
3 Month Average | 32.978 % | £22,260 | £89,760 |
6 Month Average | 14.678 % | £9,907 | £77,407 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £79,217 | £78,000 | 2 RAMILLIES SQUARE |
20 Dec 2023 | £93,885 | £91,000 | 160 RAVENSWOOD ROAD |
2 Oct 2023 | £112,556 | £110,000 | 18 ROTHWELL ROAD |
15 Aug 2023 | £88,598 | £87,000 | 53 ROTHERFIELD ROAD |
30 Jun 2023 | £114,801 | £112,500 | 158 RAVENSWOOD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Jul 2016. Using an estimated price of £89,166 means this house is valued at £1,143 per sq meter (£106 per sq foot).
The average size of a house on RAVENSWOOD ROAD is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Runcorn Road |
Oct 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
Oct 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Ravenscourt Road |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ravenscourt Road |