£85,270
This estimated value is based upon the latest sale price for the house of £70,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 21 Jul 2020 |
| £67,500 | 7 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £70,000 results in an estimated price of approximately £85,270.
| 21 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £70,000 | £15,270 | £85,270 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 55.774 % | £39,041 | £109,041 |
| 3 Month Average | 50.851 % | £35,595 | £105,595 |
| 6 Month Average | 36.954 % | £25,867 | £95,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £51,585 | £50,000 | 146 WALLSEND ROAD |
| 28 Apr 2023 | £132,478 | £130,000 | 71 WALLSEND ROAD |
| 6 Apr 2023 | £64,710 | £63,500 | 144 WALLSEND ROAD |
| 19 Apr 2022 | £171,175 | £165,000 | 6 FORD AVENUE |
| 8 Apr 2022 | £124,491 | £120,000 | 219 WATERVILLE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Nov 2012. Using an estimated price of £85,271 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on WARRINGTON GROVE is 60 sq meters (654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Under investigation | On or near Warrington Grove |
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove | |
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove | |
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove | |
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove |