£94,050
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Oct 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 |
|---|---|
| £85,000 | 22 Oct 2021 |
| £55,000 | 11 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £85,000 results in an estimated price of approximately £94,050.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £85,000 | £9,050 | £94,050 |
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 | -48.754 % | £-41,440 | £43,559 |
| 3 Month Average | 2.906 % | £2,470 | £87,470 |
| 6 Month Average | -3.956 % | £-3,362 | £81,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £78,000 | £78,000 | 2 RAMILLIES SQUARE |
| 20 Dec 2023 | £92,621 | £91,000 | 160 RAVENSWOOD ROAD |
| 11 Dec 2023 | £92,621 | £91,000 | 6 RAVENSWOOD SQUARE |
| 30 Jun 2023 | £113,879 | £112,500 | 158 RAVENSWOOD ROAD |
| 24 Feb 2023 | £87,941 | £88,000 | 11 KNARESBOROUGH SQUARE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 6 Nov 2017. Using an estimated price of £94,051 means this house is valued at £1,808 per sq meter (£168 per sq foot).
The average size of a house on ROCHFORD ROAD is 79 sq meters (858 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rochford Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rochford Road |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Ramillies Road |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Ramillies Road |
| Mar 2024 | Anti-social behaviour | On or near Ramillies Road |