£240,297
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Sep 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 |
|---|---|
| £235,000 | 27 Sep 2023 |
| Semi-Detached |
| Freehold |
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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £235,000 results in an estimated price of approximately £240,297.
| 27 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £235,000 | £5,297 | £240,297 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 25.197 % | £59,213 | £294,213 |
| 3 Month Average | 15.247 % | £35,831 | £270,831 |
| 6 Month Average | 13.733 % | £32,272 | £267,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £345,305 | £340,000 | 43 MITCHELL GARDENS |
| 27 Sep 2023 | £240,297 | £235,000 | 103 HARTON HOUSE ROAD |
| 6 Sep 2023 | £274,041 | £268,000 | 50 MARSDEN ROAD |
| 17 Aug 2023 | £183,306 | £180,000 | 106 HARTON HOUSE ROAD |
| 10 Jan 2023 | £156,418 | £156,000 | 99 HARTON HOUSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Harton House Road |
| Aug 2024 | Anti-social behaviour | On or near Mitchell Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Mitchell Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Mitchell Gardens | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Fairholme Avenue |