£134,583
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Feb 2020. 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 Wheatfield Grove
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 14 Feb 2020 |
| £95,000 | 15 Dec 2006 |
| £32,000 | 12 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £110,000 results in an estimated price of approximately £134,583.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £110,000 | £24,583 | £134,583 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -54.688 % | £-60,156 | £49,843 |
| 3 Month Average | -16.991 % | £-18,689 | £91,310 |
| 6 Month Average | 4.781 % | £5,258 | £115,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £126,705 | £125,000 | 29 THE ROUNDWAY |
| 12 Jul 2023 | £172,319 | £170,000 | 16 BALLIOL MEWS |
| 31 Mar 2023 | £211,997 | £210,000 | 67 ELMSFORD GROVE |
| 21 Mar 2023 | £141,332 | £140,000 | 69 WHEATFIELD GROVE |
| 27 May 2022 | £157,977 | £155,000 | 65 ELMSFORD GROVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Dec 2019. Using an estimated price of £134,584 means this house is valued at £1,478 per sq meter (£137 per sq foot).
The average size of a house on WHEATFIELD GROVE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheatfield Grove |
| Mar 2024 | Other crime | Under investigation | On or near Ringwood Green |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lambourn Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambourn Avenue |