£87,018
This estimated value is based upon the latest sale price for the house of £78,000 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £78,000 | 18 Aug 2021 |
| £105,000 | 28 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £78,000 results in an estimated price of approximately £87,018.
| 18 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £78,000 | £9,018 | £87,018 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 41.375 % | £32,272 | £110,272 |
| 3 Month Average | 31.629 % | £24,670 | £102,670 |
| 6 Month Average | 27.120 % | £21,153 | £99,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £71,052 | £70,000 | 108 WINGROVE GARDENS |
| 16 Nov 2023 | £71,052 | £70,000 | 106 WINGROVE GARDENS |
| 18 Sep 2023 | £90,659 | £89,500 | 7 ROMULUS COURT |
| 11 Aug 2023 | £109,962 | £109,000 | 91 WINGROVE GARDENS |
| 24 Feb 2023 | £91,938 | £92,000 | 6 ROMULUS COURT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Jun 2021. Using an estimated price of £87,018 means this house is valued at £1,160 per sq meter (£107 per sq foot).
The average size of a house on WINGROVE GARDENS is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wingrove Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wingrove Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wingrove Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wingrove Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wingrove Gardens |