£77,989
This estimated value is based upon the latest sale price for the house of £79,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,000 | 17 Feb 2023 |
| £87,000 | 1 Aug 2008 |
| £70,000 | 14 Sep 2007 |
| £86,000 | 21 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2023 the House Price Index for TYNE AND WEAR was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £79,000 results in an estimated price of approximately £77,989.
| 17 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £79,000 | £-1,010 | £77,989 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -39.879 % | £-31,504 | £47,495 |
| 3 Month Average | -6.999 % | £-5,529 | £73,470 |
| 6 Month Average | 8.192 % | £6,471 | £85,471 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 14 Apr 2014.
The average size of a house on WALLINGTON GROVE is 141 sq meters (1,526 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Street |
| Mar 2024 | Anti-social behaviour | On or near Woodbine Street | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Woodbine Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Woodbine Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Street |