£147,090
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 30 Jun 2005 |
| £75,500 | 31 Jan 2005 |
| £13,000 | 7 Nov 1995 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.863%.Applying this 83.863% change to the original purchase price of £80,000 results in an estimated price of approximately £147,090.
| 30 Jun 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.0 | 83.863 % | £80,000 | £67,090 | £147,090 |
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 | 206.244 % | £164,994 | £244,994 |
| 3 Month Average | 60.050 % | £48,039 | £128,039 |
| 6 Month Average | 65.648 % | £52,518 | £132,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £259,917 | £255,000 | 54 WINGROVE ROAD |
| 15 Dec 2023 | £280,303 | £275,000 | 72 WINGROVE ROAD |
| 28 Jul 2023 | £63,097 | £62,500 | 25C WINGROVE ROAD |
| 27 Mar 2023 | £161,875 | £161,000 | 6 AGRICOLA ROAD |
| 7 Sep 2022 | £950,935 | £962,500 | 28 WINGROVE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Apr 2013. Using an estimated price of £147,090 means this house is valued at £2,163 per sq meter (£200 per sq foot).
The average size of a house on WINGROVE AVENUE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Agricola Road |
| Apr 2024 | Anti-social behaviour | On or near Agricola Road | |
| Apr 2024 | Anti-social behaviour | On or near Agricola Road | |
| Apr 2024 | Anti-social behaviour | On or near Agricola Road |