£161,483
This estimated value is based upon the latest sale price for the house of £136,000 on 25 Sep 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 |
---|---|
£136,000 | 25 Sep 2020 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £136,000 results in an estimated price of approximately £161,483.
25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £136,000 | £25,483 | £161,483 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -5.266 % | £-7,161 | £128,838 |
3 Month Average | -1.712 % | £-2,328 | £133,671 |
6 Month Average | 9.553 % | £12,991 | £148,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £277,427 | £275,000 | 18 GLENEAGLES ROAD |
18 Aug 2023 | £266,330 | £264,000 | 23 CHOWDENE BANK |
7 Jul 2023 | £233,138 | £230,000 | 4 LONGNIDDRY COURT |
9 Jun 2023 | £218,649 | £216,000 | 47 GLENEAGLES ROAD |
11 Apr 2023 | £338,646 | £335,000 | 2 GREENACRE PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Feb 2020. Using an estimated price of £161,484 means this house is valued at £2,340 per sq meter (£217 per sq foot).
The average size of a house on RAVENSWOOD GARDENS is 97 sq meters (1,050 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Chowdene Bank |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Chowdene Bank |
Mar 2024 | Possession of weapons | Under investigation | On or near Cramond Court |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cramond Court |