£668,094
This estimated value is based upon the latest sale price for the house of £280,000 on 14 May 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £280,000 | 14 May 2003 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 May 2003 the House Price Index for TYNE AND WEAR was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £280,000 results in an estimated price of approximately £668,094.
| 14 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £280,000 | £388,094 | £668,094 |
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 | 254.368 % | £712,229 | £992,229 |
| 3 Month Average | 178.502 % | £499,806 | £779,806 |
| 6 Month Average | 176.380 % | £493,865 | £773,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £536,485 | £520,000 | 218 WINGROVE ROAD |
| 13 Oct 2023 | £562,782 | £550,000 | 265 WINGROVE ROAD NORTH |
| 28 Sep 2023 | £920,287 | £900,000 | 88 MOORSIDE NORTH |
| 7 Feb 2023 | £261,748 | £260,000 | 14 MATFEN PLACE |
| 30 Nov 2022 | £617,114 | £620,000 | 216A WINGROVE ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 23 Jan 2014. Using an estimated price of £668,094 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on WINGROVE ROAD NORTH is 168 sq meters (1,808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Auburn Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Other theft | Under investigation | On or near Ravenside Road |
| Jun 2024 | Other theft | Under investigation | On or near Ravenside Road |