£96,103
This estimated value is based upon the latest sale price for the house of £85,000 on 26 Feb 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 26 Feb 2021 |
| Terraced |
| Freehold |
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 February 2021 the House Price Index for TYNE AND WEAR was 130.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 13.063%.Applying this 13.063% change to the original purchase price of £85,000 results in an estimated price of approximately £96,103.
| 26 Feb 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 148.0 | 13.063 % | £85,000 | £11,103 | £96,103 |
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 | -75.152 % | £-63,879 | £21,120 |
| 3 Month Average | -25.802 % | £-21,931 | £63,068 |
| 6 Month Average | -2.456 % | £-2,087 | £82,912 |
| 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 |
| 14 Jul 2023 | £115,856 | £114,760 | 29 STOCKLEY AVENUE |
| 30 Jun 2023 | £113,420 | £112,500 | 158 RAVENSWOOD ROAD |
| 31 Oct 2022 | £137,949 | £140,000 | 22 RIBBLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Stockley Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stockley Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stockley Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stockley Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stockley Avenue |