£282,106
This estimated value is based upon the latest sale price for the house of £192,000 on 30 Apr 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 |
|---|---|
| £192,000 | 30 Apr 2015 |
| £197,950 | 29 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,301 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £192,000 results in an estimated price of approximately £282,106.
| 30 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £192,000 | £90,106 | £282,106 |
The Postcode Pricing Model uses changes in average sales price within the NE13 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 | 16.913 % | £32,472 | £224,472 |
| 3 Month Average | 25.430 % | £48,824 | £240,824 |
| 6 Month Average | 16.470 % | £31,622 | £223,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £243,269 | £239,995 | 21 ELEMORE CLOSE |
| 17 Feb 2023 | £264,822 | £265,000 | 79 WAGONWAY DRIVE |
| 21 Jul 2022 | £270,729 | £270,000 | 23 ELEMORE CLOSE |
| 1 Dec 2021 | £259,943 | £242,625 | 41 ELEMORE CLOSE |
| 30 Nov 2021 | £275,786 | £255,000 | 12 ESPERLEY AVENUE |
This house has a floor area of 120 sq meters or 1,301 sq feet when measured on 14 Apr 2011. Using an estimated price of £282,106 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on WAGONWAY DRIVE is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wagonway Drive | |
| Feb 2024 | Anti-social behaviour | On or near Wagonway Drive | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wagonway Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Leasingthorne Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leasingthorne Way |