£51,810
This estimated value is based upon the latest sale price for the house of £42,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £42,000 | 20 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £42,000 results in an estimated price of approximately £51,810.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £42,000 | £9,810 | £51,810 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 74.644 % | £31,350 | £73,350 |
| 3 Month Average | 10.994 % | £4,617 | £46,617 |
| 6 Month Average | 18.180 % | £7,635 | £49,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £50,890 | £50,000 | 30 MILLBURN STREET |
| 30 Jun 2023 | £53,650 | £53,000 | 18 GRAFTON STREET |
| 29 Jun 2023 | £80,981 | £80,000 | 35 ST CUTHBERTS TERRACE |
| 15 Feb 2023 | £89,939 | £90,000 | 40 ST CUTHBERTS TERRACE |
| 20 Jan 2023 | £55,737 | £56,000 | 14 DRYBOROUGH STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Jul 2015. Using an estimated price of £51,810 means this house is valued at £700 per sq meter (£65 per sq foot).
The average size of a house on NORTH RAVENSWORTH STREET is 151 sq meters (1,625 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lansdowne Street | |
| Mar 2024 | Other theft | Under investigation | On or near North Ravensworth Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near North Ravensworth Street |
| Feb 2024 | Shoplifting | Under investigation | On or near North Ravensworth Street |
| Feb 2024 | Public order | Under investigation | On or near North Ravensworth Street |