£224,923
This estimated value is based upon the latest sale price for the house of £182,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Wingrove Avenue
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| Price Paid | Date |
|---|---|
| £182,000 | 6 Dec 2019 |
| £60,000 | 9 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £182,000 results in an estimated price of approximately £224,923.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £182,000 | £42,923 | £224,923 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 0.106 % | £192 | £182,192 |
| 3 Month Average | 21.810 % | £39,693 | £221,693 |
| 6 Month Average | 15.563 % | £28,324 | £210,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £152,341 | £150,000 | 58 ANNIE STREET |
| 29 Sep 2023 | £181,501 | £177,500 | 1 DALE TERRACE |
| 15 Sep 2023 | £235,184 | £230,000 | 5 WINGROVE AVENUE |
| 20 Jan 2023 | £130,348 | £130,000 | 46A ATKINSON ROAD |
| 15 Jul 2022 | £146,468 | £145,000 | 50 ANNIE STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 12 Sep 2019. Using an estimated price of £224,924 means this house is valued at £1,906 per sq meter (£177 per sq foot).
The average size of a house on WINGROVE AVENUE is 128 sq meters (1,379 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Under investigation | On or near Wingrove Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyn-Thorpe Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rosedale Terrace |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosedale Terrace |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Rosedale Terrace |