£288,548
This estimated value is based upon the latest sale price for the house of £155,000 on 4 Mar 2005. 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 |
---|---|
£155,000 | 4 Mar 2005 |
Semi-Detached |
Leasehold |
Floor Area: 85 sq meters or 914 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £155,000 results in an estimated price of approximately £288,548.
4 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £155,000 | £133,548 | £288,548 |
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 | 21.675 % | £33,595 | £188,595 |
3 Month Average | 2.457 % | £3,808 | £158,808 |
6 Month Average | 5.039 % | £7,811 | £162,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £157,760 | £155,000 | 66 WEARHEAD DRIVE |
8 Sep 2023 | £162,067 | £159,995 | 49A HURSTWOOD ROAD |
17 Mar 2023 | £227,140 | £225,000 | 15 DUNELM |
10 Nov 2022 | £249,972 | £253,000 | 15 RANSON STREET |
12 Sep 2022 | £109,615 | £110,500 | 66 HURSTWOOD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Nov 2013. Using an estimated price of £288,549 means this house is valued at £3,394 per sq meter (£315 per sq foot).
The average size of a house on RANSON STREET is 126 sq meters (1,363 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Ranson Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ranson Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hurstwood Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Cedric Crescent |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedric Crescent |