£569,008
This estimated value is based upon the latest sale price for the house of £247,500 on 24 Sep 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 |
|---|---|
| £247,500 | 24 Sep 2003 |
| £87,000 | 16 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 September 2003 the House Price Index for TYNE AND WEAR was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £247,500 results in an estimated price of approximately £569,008.
| 24 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £247,500 | £321,508 | £569,008 |
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 | 111.312 % | £275,497 | £522,997 |
| 3 Month Average | 105.057 % | £260,017 | £507,517 |
| 6 Month Average | 113.882 % | £281,857 | £529,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £554,064 | £540,000 | 142 MOORSIDE NORTH |
| 13 Oct 2023 | £562,782 | £550,000 | 265 WINGROVE ROAD NORTH |
| 28 Sep 2023 | £562,398 | £550,000 | 290 WINGROVE ROAD NORTH |
| 25 Aug 2023 | £358,465 | £352,000 | 313 WINGROVE ROAD NORTH |
| 22 Aug 2023 | £286,269 | £281,106 | 5 WOODBURN AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 13 May 2017. Using an estimated price of £569,008 means this house is valued at £4,410 per sq meter (£409 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 Moorside Place |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorside Place |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Moorside Place |
| Apr 2024 | Public order | Under investigation | On or near Moorside Place |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodburn Avenue |