£422,779
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£350,000 | 10 Aug 2020 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £350,000 results in an estimated price of approximately £422,779.
10 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £350,000 | £72,779 | £422,779 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -40.698 % | £-142,443 | £207,556 |
3 Month Average | 58.159 % | £203,557 | £553,557 |
6 Month Average | 37.517 % | £131,309 | £481,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £446,866 | £440,000 | 26 HARTLEY AVENUE |
15 Sep 2023 | £587,961 | £575,000 | 61 HARTLEY AVENUE |
24 Feb 2023 | £468,127 | £465,000 | 20 SEATON CRESCENT |
30 Jan 2023 | £189,506 | £189,000 | 28 FRONT STREET |
10 Dec 2021 | £464,102 | £430,000 | 44 HARTLEY AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jul 2020. Using an estimated price of £422,780 means this house is valued at £4,358 per sq meter (£404 per sq foot).
The average size of a house on HARTLEY AVENUE is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Hartley Avenue | |
Aug 2024 | Anti-social behaviour | On or near Hartley Avenue | |
Aug 2024 | Vehicle crime | Under investigation | On or near Hartley Avenue |
Jun 2024 | Anti-social behaviour | On or near Hartley Avenue | |
Jun 2024 | Anti-social behaviour | On or near Hartley Avenue |