£68,094
This estimated value is based upon the latest sale price for the house of £15,000 on 19 Jan 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £15,000 | 19 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 January 1999 the House Price Index for TYNE AND WEAR was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £15,000 results in an estimated price of approximately £68,094.
| 19 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £15,000 | £53,094 | £68,094 |
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 | 392.193 % | £58,829 | £73,829 |
| 3 Month Average | 333.169 % | £49,975 | £64,975 |
| 6 Month Average | 312.151 % | £46,822 | £61,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £259,541 | £255,000 | 54 WINGROVE ROAD |
| 26 Sep 2023 | £162,072 | £160,000 | 253 WINGROVE AVENUE |
| 25 Sep 2023 | £93,698 | £92,500 | 219 WINGROVE AVENUE |
| 28 Jul 2023 | £63,353 | £62,500 | 25C WINGROVE ROAD |
| 27 Mar 2023 | £162,531 | £161,000 | 6 AGRICOLA ROAD |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 8 Dec 2016. Using an estimated price of £68,095 means this house is valued at £400 per sq meter (£37 per sq foot).
The average size of a house on WINGROVE AVENUE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |
| Feb 2024 | Anti-social behaviour | On or near Agricola Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Agricola Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |