£250,996
This estimated value is based upon the latest sale price for the house of £199,750 on 25 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £199,750 | 25 May 2018 |
| £165,000 | 17 Dec 2010 |
| £72,950 | 14 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £199,750 results in an estimated price of approximately £250,996.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £199,750 | £51,246 | £250,996 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | -12.388 % | £-24,744 | £175,005 |
| 3 Month Average | 15.812 % | £31,584 | £231,334 |
| 6 Month Average | 26.621 % | £53,174 | £252,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £146,270 | £145,000 | 56 SACKVILLE ROAD |
| 8 Mar 2024 | £182,809 | £180,000 | 73 SACKVILLE ROAD |
| 16 Feb 2023 | £146,982 | £146,000 | 243 ADDYCOMBE TERRACE |
| 3 Feb 2023 | £261,748 | £260,000 | 25 ROKEBY TERRACE |
| 9 Jan 2023 | £130,348 | £130,000 | 19 ROKEBY TERRACE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Feb 2018. Using an estimated price of £250,996 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on RAVENSWOOD ROAD is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Ravenswood Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanmore Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanmore Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastcheap |
| May 2024 | Other theft | Under investigation | On or near Eastcheap |