£193,558
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 30 Oct 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £165,000 results in an estimated price of approximately £193,558.
| 30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £165,000 | £28,558 | £193,558 |
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 | 33.444 % | £55,182 | £220,182 |
| 3 Month Average | 7.427 % | £12,255 | £177,255 |
| 6 Month Average | 4.492 % | £7,411 | £172,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £162,067 | £159,995 | 49A HURSTWOOD ROAD |
| 24 Apr 2023 | £151,633 | £150,000 | 122 HURSTWOOD ROAD |
| 12 Sep 2022 | £109,615 | £110,500 | 66 HURSTWOOD ROAD |
| 22 Apr 2022 | £144,172 | £140,000 | 54 HURSTWOOD ROAD |
| 4 Feb 2022 | £241,200 | £230,000 | 10 GEORGIAN COURT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Feb 2020. Using an estimated price of £193,559 means this house is valued at £2,081 per sq meter (£193 per sq foot).
The average size of a house on RANSON STREET is 126 sq meters (1,363 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hurstwood Road |
| 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 |
| 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 |