£253,367
This estimated value is based upon the latest sale price for the house of £149,000 on 15 Feb 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 |
|---|---|
| £149,000 | 15 Feb 2013 |
| £87,000 | 19 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £149,000 results in an estimated price of approximately £253,367.
| 15 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £149,000 | £104,367 | £253,367 |
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 | 49.212 % | £73,326 | £222,326 |
| 3 Month Average | 21.633 % | £32,232 | £181,232 |
| 6 Month Average | 33.353 % | £49,696 | £198,696 |
| 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 |
| 17 Aug 2023 | £183,306 | £180,000 | 106 HARTON HOUSE ROAD |
| 10 Jan 2023 | £156,418 | £156,000 | 99 HARTON HOUSE ROAD |
| 8 Aug 2022 | £236,104 | £235,000 | 57 HARTON HOUSE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Nov 2012. Using an estimated price of £253,367 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on MITCHELL GARDENS is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Harton House Road |
| Oct 2024 | Anti-social behaviour | On or near Hotspur Avenue |