£120,495
This estimated value is based upon the latest sale price for the house of £92,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £92,000 | 17 Feb 2017 |
| £71,000 | 27 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 February 2017 the House Price Index for TYNE AND WEAR was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £92,000 results in an estimated price of approximately £120,495.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £92,000 | £28,495 | £120,495 |
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 | 72.498 % | £66,698 | £158,698 |
| 3 Month Average | 8.508 % | £7,827 | £99,827 |
| 6 Month Average | 7.735 % | £7,116 | £99,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £112,556 | £110,000 | 35 WINGROVE AVENUE |
| 23 Oct 2023 | £112,556 | £110,000 | 37 WINGROVE AVENUE |
| 31 Aug 2023 | £231,679 | £227,500 | 14 NUNS MOOR ROAD |
| 25 Aug 2023 | £186,870 | £183,500 | 111 WINGROVE AVENUE |
| 31 Mar 2023 | £279,671 | £275,000 | 24 NUNS MOOR ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Sep 2016. Using an estimated price of £120,496 means this house is valued at £1,487 per sq meter (£138 per sq foot).
The average size of a house on WINGROVE AVENUE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Wingrove Avenue |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Wingrove Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wingrove Avenue |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Wingrove Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wingrove Avenue |