£82,215
This estimated value is based upon the latest sale price for the house of £66,750 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,750 | 26 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £66,750 results in an estimated price of approximately £82,215.
| 26 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £66,750 | £15,465 | £82,215 |
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 | -46.900 % | £-31,305 | £35,444 |
| 3 Month Average | 11.609 % | £7,748 | £74,498 |
| 6 Month Average | 19.100 % | £12,748 | £79,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £92,755 | £91,000 | 160 RAVENSWOOD ROAD |
| 20 Jul 2023 | £80,764 | £80,000 | 170 RAVENSWOOD ROAD |
| 30 Jun 2023 | £113,420 | £112,500 | 158 RAVENSWOOD ROAD |
| 17 Mar 2022 | £89,791 | £87,000 | 31 RUNCORN ROAD |
| 11 Feb 2022 | £94,001 | £90,000 | 107 RAVENSWOOD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Mar 2018. Using an estimated price of £82,215 means this house is valued at £1,245 per sq meter (£115 per sq foot).
The average size of a house on RAVENSCOURT ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
| Jan 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
| Jan 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
| Jan 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
| Jan 2024 | Anti-social behaviour | On or near Ravenscourt Road |