£67,321
This estimated value is based upon the latest sale price for the house of £63,000 on 10 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £63,000 | 10 Jun 2021 |
| £61,500 | 25 Aug 2009 |
| £48,000 | 20 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £63,000 results in an estimated price of approximately £67,321.
| 10 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £63,000 | £4,321 | £67,321 |
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 | -41.497 % | £-26,143 | £36,856 |
| 3 Month Average | -15.105 % | £-9,516 | £53,483 |
| 6 Month Average | 1.340 % | £843 | £63,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £81,543 | £80,000 | 62 BEDEBURN ROAD |
| 20 Jul 2023 | £80,764 | £80,000 | 4 HAREYDENE |
| 13 Feb 2023 | £80,619 | £81,000 | 19 HAREYDENE |
| 16 Nov 2022 | £227,314 | £231,000 | 22 PRIORY WAY |
| 1 Sep 2022 | £474,232 | £480,000 | 3 PECKS HOUSE FARM COTTAGES NEWBIGGIN LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Feb 2020. Using an estimated price of £67,321 means this house is valued at £831 per sq meter (£77 per sq foot).
The average size of a house on HAREYDENE is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hareydene | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hareydene |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Hareydene |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hareydene |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hareydene |