£146,393
This estimated value is based upon the latest sale price for the house of £118,500 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£118,500 | 1 Mar 2019 |
£40,000 | 31 Oct 1997 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 870 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £118,500 results in an estimated price of approximately £146,393.
1 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £118,500 | £27,893 | £146,393 |
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 | -31.365 % | £-37,167 | £81,332 |
3 Month Average | 20.664 % | £24,487 | £142,987 |
6 Month Average | 18.577 % | £22,013 | £140,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £87,768 | £87,000 | 53 ROTHERFIELD ROAD |
20 Jul 2023 | £81,091 | £80,000 | 170 RAVENSWOOD ROAD |
14 Jul 2023 | £116,326 | £114,760 | 29 STOCKLEY AVENUE |
31 Oct 2022 | £138,509 | £140,000 | 22 RIBBLE ROAD |
15 Jul 2022 | £200,540 | £200,000 | 14 HOWLEY AVENUE |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 18 May 2011. Using an estimated price of £146,393 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on BEDBURN AVENUE is 108 sq meters (1,171 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ribble Road |
Feb 2024 | Anti-social behaviour | On or near Ribble Road | |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Ribble Road |
Feb 2024 | Anti-social behaviour | On or near Ribble Road | |
Feb 2024 | Drugs | Awaiting court outcome | On or near Ribble Road |