£84,706
This estimated value is based upon the latest sale price for the house of £82,500 on 24 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,500 | 24 May 2022 |
| £44,500 | 12 Nov 2014 |
| £23,500 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £82,500 results in an estimated price of approximately £84,706.
| 24 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £82,500 | £2,206 | £84,706 |
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 | 53.953 % | £44,510 | £127,010 |
| 3 Month Average | 9.909 % | £8,175 | £90,675 |
| 6 Month Average | -0.262 % | £-216 | £82,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2024 | £138,950 | £138,950 | 3 RUTHERGLEN ROAD |
| 27 Oct 2023 | £90,045 | £88,000 | 14 ROEDEAN ROAD |
| 8 Sep 2023 | £76,691 | £75,000 | 50 RENFREW ROAD |
| 4 Aug 2023 | £84,524 | £83,000 | 57 RUNNYMEDE ROAD |
| 7 Jun 2023 | £137,761 | £135,000 | 16 ROCHDALE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 Sep 2014. Using an estimated price of £84,707 means this house is valued at £1,388 per sq meter (£129 per sq foot).
The average size of a house on RAMSGATE ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Way |
| Aug 2024 | Anti-social behaviour | On or near Runnymede Way | |
| Aug 2024 | Anti-social behaviour | On or near Runnymede Way |