£362,320
This estimated value is based upon the latest sale price for the house of £217,500 on 30 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 |
|---|---|
| £217,500 | 30 Aug 2013 |
| £81,000 | 15 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,359 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 2013 the House Price Index for TYNE AND WEAR was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £217,500 results in an estimated price of approximately £362,320.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £217,500 | £144,820 | £362,320 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 31.126 % | £67,698 | £285,198 |
| 3 Month Average | -5.778 % | £-12,567 | £204,932 |
| 6 Month Average | 6.276 % | £13,650 | £231,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £278,500 | £278,500 | 50 DANBY CLOSE |
| 17 Oct 2023 | £452,784 | £442,500 | 20 BREAMISH DRIVE |
| 4 Aug 2023 | £392,071 | £385,000 | 26 BREAMISH DRIVE |
| 25 Jul 2022 | £464,656 | £460,000 | 23 BREAMISH DRIVE |
| 30 May 2022 | £400,432 | £390,000 | 16 FOREST DRIVE |
This house has a floor area of 126 sq meters or 1,359 sq feet when measured on 27 Aug 2010. Using an estimated price of £362,320 means this house is valued at £2,869 per sq meter (£266 per sq foot).
The average size of a house on HARTHOPE CLOSE is 145 sq meters (1,568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Anti-social behaviour | On or near Wellhope |