£282,721
This estimated value is based upon the latest sale price for the house of £162,500 on 27 May 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £162,500 | 27 May 2011 |
| £189,000 | 16 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,062 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 May 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £162,500 results in an estimated price of approximately £282,721.
| 27 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £162,500 | £120,221 | £282,721 |
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 | 60.630 % | £98,523 | £261,023 |
| 3 Month Average | 41.083 % | £66,759 | £229,259 |
| 6 Month Average | 45.822 % | £74,461 | £236,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 6 Apr 2023 | £242,027 | £237,500 | 21 FAIRHOLME AVENUE |
| 10 Jan 2023 | £156,418 | £156,000 | 99 HARTON HOUSE ROAD |
This house has a floor area of 98 sq meters or 1,062 sq feet when measured on 8 Nov 2010. Using an estimated price of £282,721 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on MARSDEN ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Harton House Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Fairholme Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Petrol Station |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |