£64,304
This estimated value is based upon the latest sale price for the house of £62,500 on 28 Jul 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 |
|---|---|
| £62,500 | 28 Jul 2023 |
| £70,000 | 29 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 647 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 July 2023 the House Price Index for TYNE AND WEAR was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £62,500 results in an estimated price of approximately £64,304.
| 28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £62,500 | £1,804 | £64,304 |
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 | 247.266 % | £154,541 | £217,041 |
| 3 Month Average | 22.490 % | £14,056 | £76,556 |
| 6 Month Average | 11.697 % | £7,310 | £69,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £399,064 | £390,000 | 6 WINGROVE ROAD |
| 27 Mar 2023 | £163,734 | £161,000 | 6 AGRICOLA ROAD |
| 9 Mar 2023 | £266,450 | £262,000 | 63 WINGROVE ROAD |
| 9 Mar 2023 | £249,161 | £245,000 | 65 WINGROVE ROAD |
| 7 Sep 2022 | £961,857 | £962,500 | 28 WINGROVE ROAD |
This house has a floor area of 60 sq meters or 647 sq feet when measured on 5 Aug 2009.
The average size of a house on WINGROVE ROAD is 167 sq meters (1,801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Agricola Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |
| Sep 2024 | Anti-social behaviour | On or near Agricola Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Agricola Road |
| Aug 2024 | Other theft | Under investigation | On or near Agricola Road |