£98,821
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Feb 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 |
---|---|
£80,000 | 15 Feb 2019 |
£76,500 | 30 Jul 2010 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 723 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £80,000 results in an estimated price of approximately £98,821.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £80,000 | £18,821 | £98,821 |
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 | -44.766 % | £-35,812 | £44,187 |
3 Month Average | 15.889 % | £12,711 | £92,711 |
6 Month Average | 13.453 % | £10,762 | £90,762 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £92,621 | £91,000 | 160 RAVENSWOOD ROAD |
15 Aug 2023 | £87,768 | £87,000 | 53 ROTHERFIELD ROAD |
20 Jul 2023 | £81,091 | £80,000 | 170 RAVENSWOOD ROAD |
30 Jun 2023 | £113,879 | £112,500 | 158 RAVENSWOOD ROAD |
31 Oct 2022 | £138,509 | £140,000 | 22 RIBBLE ROAD |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 6 Apr 2010. Using an estimated price of £98,821 means this house is valued at £1,469 per sq meter (£136 per sq foot).
The average size of a house on RAVENSWOOD ROAD is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Ravenscourt Road | |
Jan 2024 | Violence and sexual offences | Under investigation | 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 | |
Mar 2024 | Possession of weapons | Under investigation | On or near Rotherfield Road |