£150,564
This estimated value is based upon the latest sale price for the house of £90,000 on 6 Aug 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 |
|---|---|
| £90,000 | 6 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.294%.Applying this 67.294% change to the original purchase price of £90,000 results in an estimated price of approximately £150,564.
| 6 Aug 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.294 % | £90,000 | £60,564 | £150,564 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -1.109 % | £-998 | £89,001 |
| 3 Month Average | 3.954 % | £3,558 | £93,558 |
| 6 Month Average | 18.183 % | £16,364 | £106,364 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Jul 2020.
The average size of a house on RITSON STREET is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cressbourne Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Helen Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Winifred Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Winifred Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Winifred Street |