£112,802
This estimated value is based upon the latest sale price for the house of £71,600 on 11 Mar 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£71,600 | 11 Mar 2008 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 2008 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £71,600 results in an estimated price of approximately £112,802.
11 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.546 % | £71,600 | £41,202 | £112,802 |
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 | -42.837 % | £-30,670 | £40,929 |
3 Month Average | 12.486 % | £8,939 | £80,539 |
6 Month Average | 7.237 % | £5,181 | £76,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £78,000 | £78,000 | 2 RAMILLIES SQUARE |
10 Nov 2023 | £163,419 | £161,000 | 2 HARTHOPE AVENUE |
3 Nov 2023 | £70,544 | £69,500 | 4 RISHTON SQUARE |
15 Aug 2023 | £87,768 | £87,000 | 53 ROTHERFIELD ROAD |
19 Jun 2023 | £75,920 | £75,000 | 59 RISHTON SQUARE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 8 Feb 2016. Using an estimated price of £112,803 means this house is valued at £2,088 per sq meter (£194 per sq foot).
The average size of a house on RAMILLIES ROAD is 79 sq meters (854 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Rannoch Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Runcorn Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Runcorn Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Runcorn Road |
Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Rishton Square |