£51,261
This estimated value is based upon the latest sale price for the house of £31,000 on 27 Aug 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,000 | 27 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
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 2013 the House Price Index for TYNE AND WEAR was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £31,000 results in an estimated price of approximately £51,261.
| 27 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £31,000 | £20,261 | £51,261 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 19.378 % | £6,007 | £37,007 |
| 3 Month Average | 19.687 % | £6,102 | £37,102 |
| 6 Month Average | 29.256 % | £9,069 | £40,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £251,399 | £247,000 | 9 RIDGEWAY |
| 1 Dec 2023 | £70,738 | £69,500 | 48 MOORHEAD |
| 25 Aug 2023 | £355,107 | £352,000 | 313 WINGROVE ROAD NORTH |
| 14 Jul 2023 | £309,161 | £305,000 | 318 WINGROVE ROAD NORTH |
| 14 Apr 2023 | £363,918 | £360,000 | 314 WINGROVE ROAD NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Moor Head | |
| Mar 2024 | Public order | Under investigation | On or near Moor Head |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Moor Head |
| Mar 2024 | Anti-social behaviour | On or near Moor Head | |
| Mar 2024 | Anti-social behaviour | On or near Moor Head |