£317,355
This estimated value is based upon the latest sale price for the house of £255,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Hartburn Road
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| Price Paid | Date |
|---|---|
| £255,000 | 29 Mar 2019 |
| £212,500 | 26 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £255,000 results in an estimated price of approximately £317,355.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £255,000 | £62,355 | £317,355 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | -2.559 % | £-6,524 | £248,475 |
| 3 Month Average | 16.392 % | £41,800 | £296,800 |
| 6 Month Average | 30.080 % | £76,704 | £331,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £192,471 | £189,000 | 10 PRESTON SQUARE |
| 20 Jun 2023 | £224,499 | £220,000 | 30 STANTON ROAD |
| 5 Sep 2022 | £159,493 | £159,600 | 13 PRESTON SQUARE |
| 19 Aug 2022 | £176,827 | £176,000 | 7 PRESTON SQUARE |
| 13 Sep 2021 | £265,964 | £245,000 | 32 HARTBURN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Mar 2016. Using an estimated price of £317,356 means this house is valued at £4,017 per sq meter (£373 per sq foot).
The average size of a house on HARTBURN ROAD is 133 sq meters (1,441 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Hartburn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambo Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cambo Place |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Cambo Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Edington Road |