£408,263
This estimated value is based upon the latest sale price for the house of £386,000 on 6 Dec 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 |
|---|---|
| £386,000 | 6 Dec 2021 |
| £300,000 | 31 Mar 2016 |
| £215,000 | 5 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £386,000 results in an estimated price of approximately £408,263.
| 6 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £386,000 | £22,263 | £408,263 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | -41.292 % | £-159,387 | £226,612 |
| 3 Month Average | -40.464 % | £-156,190 | £229,809 |
| 6 Month Average | -15.921 % | £-61,454 | £324,545 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 24 Sep 2020.
The average size of a house on RIPON GARDENS is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ripon Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ripon Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ripon Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salisbury Gardens |