£203,258
This estimated value is based upon the latest sale price for the house of £164,995 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£164,995 | 30 Aug 2018 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £164,995 results in an estimated price of approximately £203,258.
30 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.0 | 23.191 % | £164,995 | £38,263 | £203,258 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -67.419 % | £-111,237 | £53,757 |
3 Month Average | -26.161 % | £-43,164 | £121,830 |
6 Month Average | 25.525 % | £42,115 | £207,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £85,000 | £85,000 | 85 RAVENSWORTH ROAD |
5 Apr 2024 | £118,000 | £118,000 | 143A RAVENSWORTH ROAD |
8 Dec 2023 | £92,755 | £91,000 | 73 RAVENSWORTH ROAD |
8 Mar 2023 | £109,592 | £109,000 | 28 SPOOR STREET |
26 Jan 2023 | £153,650 | £155,000 | 60 RAVENSWORTH ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Aug 2018. Using an estimated price of £203,259 means this house is valued at £2,572 per sq meter (£239 per sq foot).
The average size of a house on RAVENSWORTH ROAD is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Seymour Court |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seymour Court |
Jan 2024 | Vehicle crime | Under investigation | On or near Seymour Court |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravensworth Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ravensworth Road |