£184,642
This estimated value is based upon the latest sale price for the house of £114,950 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Ravensworth Street
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Price Paid | Date |
---|---|
£114,950 | 5 Apr 2007 |
£50,000 | 29 Jun 2006 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 731 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £114,950 results in an estimated price of approximately £184,642.
5 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 148.6 | 60.629 % | £114,950 | £69,692 | £184,642 |
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 | 17.389 % | £19,988 | £134,938 |
3 Month Average | -3.728 % | £-4,284 | £110,665 |
6 Month Average | -2.053 % | £-2,359 | £112,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £50,890 | £50,000 | 30 MILLBURN STREET |
11 Sep 2023 | £93,192 | £92,000 | 60 RAVENSWORTH STREET |
20 Jul 2023 | £32,437 | £32,000 | 3 MILLBURN STREET |
6 Apr 2023 | £49,533 | £49,000 | 77 MILLBURN STREET |
31 Aug 2022 | £86,268 | £86,500 | 59 RAVENSWORTH STREET |
This house has a floor area of 67 sq meters or 731 sq feet when measured on 2 Apr 2010. Using an estimated price of £184,643 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on MILBURN STREET is 67 sq meters (723 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Ravensworth Street |
Jan 2024 | Anti-social behaviour | On or near Ravensworth Street | |
Jan 2024 | Anti-social behaviour | On or near Ravensworth Street | |
Jan 2024 | Anti-social behaviour | On or near Ravensworth Street | |
Mar 2024 | Anti-social behaviour | On or near Lansdowne Street |