£669,244
This estimated value is based upon the latest sale price for the house of £480,000 on 16 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £480,000 | 16 Dec 2015 |
| £161,000 | 27 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £480,000 results in an estimated price of approximately £669,244.
| 16 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £480,000 | £189,244 | £669,244 |
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 | -16.305 % | £-78,262 | £401,737 |
| 3 Month Average | 15.143 % | £72,686 | £552,686 |
| 6 Month Average | 25.210 % | £121,005 | £601,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £536,485 | £520,000 | 218 WINGROVE ROAD |
| 26 Oct 2023 | £199,532 | £195,000 | 17 MOORSIDE |
| 7 Feb 2023 | £261,748 | £260,000 | 14 MATFEN PLACE |
| 30 Nov 2022 | £617,114 | £620,000 | 216A WINGROVE ROAD |
| 5 Sep 2022 | £304,746 | £304,950 | 4 MOORSIDE SOUTH |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 4 Nov 2019. Using an estimated price of £669,244 means this house is valued at £4,262 per sq meter (£396 per sq foot).
The average size of a house on MOORSIDE SOUTH is 212 sq meters (2,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Moorside South |
| May 2024 | Other theft | Under investigation | On or near Moorside South |
| May 2024 | Anti-social behaviour | On or near Moorside South | |
| May 2024 | Anti-social behaviour | On or near Moorside South | |
| May 2024 | Anti-social behaviour | On or near Moorside South |