£185,119
This estimated value is based upon the latest sale price for the house of £183,500 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,500 | 25 Aug 2023 |
| £134,000 | 19 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2023 the House Price Index for TYNE AND WEAR was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £183,500 results in an estimated price of approximately £185,119.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £183,500 | £1,619 | £185,119 |
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 | -44.950 % | £-82,483 | £101,016 |
| 3 Month Average | -3.100 % | £-5,688 | £177,811 |
| 6 Month Average | -4.081 % | £-7,489 | £176,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £259,541 | £255,000 | 54 WINGROVE ROAD |
| 15 Dec 2023 | £279,897 | £275,000 | 72 WINGROVE ROAD |
| 25 Aug 2023 | £185,119 | £183,500 | 111 WINGROVE AVENUE |
| 14 Apr 2022 | £334,685 | £325,000 | 105 WINGROVE ROAD |
| 28 Jan 2022 | £347,295 | £330,000 | 97 WINGROVE ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 15 Nov 2021. Using an estimated price of £185,119 means this house is valued at £1,135 per sq meter (£105 per sq foot).
The average size of a house on WINGROVE AVENUE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wingrove Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wingrove Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Wingrove Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wingrove Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wingrove Avenue |