£266,920
This estimated value is based upon the latest sale price for the house of £237,500 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £237,500 | 27 Aug 2021 |
| £115,000 | 10 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £237,500 results in an estimated price of approximately £266,920.
| 27 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £237,500 | £29,420 | £266,920 |
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 | 99.874 % | £237,201 | £474,701 |
| 3 Month Average | 73.723 % | £175,093 | £412,593 |
| 6 Month Average | 54.705 % | £129,924 | £367,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £399,064 | £390,000 | 6 WINGROVE ROAD |
| 27 Mar 2023 | £163,734 | £161,000 | 6 AGRICOLA ROAD |
| 9 Mar 2023 | £266,450 | £262,000 | 63 WINGROVE ROAD |
| 9 Mar 2023 | £249,161 | £245,000 | 65 WINGROVE ROAD |
| 7 Sep 2022 | £961,857 | £962,500 | 28 WINGROVE ROAD |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 6 Dec 2019. Using an estimated price of £266,920 means this house is valued at £1,491 per sq meter (£138 per sq foot).
The average size of a house on WINGROVE ROAD is 167 sq meters (1,801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Agricola Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Agricola Road |
| Sep 2024 | Anti-social behaviour | On or near Agricola Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Agricola Road |
| Aug 2024 | Other theft | Under investigation | On or near Agricola Road |