£652,633
This estimated value is based upon the latest sale price for the house of £390,000 on 2 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£390,000 | 2 Jul 2013 |
£218,000 | 19 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 222 sq meters or 2,389 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 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £390,000 results in an estimated price of approximately £652,633.
2 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £390,000 | £262,633 | £652,633 |
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 | 51.721 % | £201,710 | £591,710 |
3 Month Average | 52.435 % | £204,494 | £594,494 |
6 Month Average | 48.209 % | £188,014 | £578,014 |
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 222 sq meters or 2,389 sq feet when measured on 12 Apr 2013. Using an estimated price of £652,633 means this house is valued at £2,939 per sq meter (£273 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 |