£226,388
This estimated value is based upon the latest sale price for the house of £181,500 on 18 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £181,500 | 18 May 2018 |
| £112,600 | 20 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £181,500 results in an estimated price of approximately £226,388.
| 18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £181,500 | £44,888 | £226,388 |
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 | -13.290 % | £-24,121 | £157,378 |
| 3 Month Average | 17.869 % | £32,432 | £213,932 |
| 6 Month Average | 24.349 % | £44,193 | £225,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £143,351 | £142,000 | 17 NORA STREET |
| 2 Sep 2022 | £114,079 | £115,000 | 174 HARTON LANE |
| 1 Sep 2022 | £220,718 | £222,500 | 115 HARTON LANE |
| 5 Aug 2022 | £95,244 | £95,500 | 21 NORA STREET |
| 15 Jul 2022 | £110,297 | £110,000 | 10 WESTCOTT ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 Apr 2017. Using an estimated price of £226,388 means this house is valued at £2,115 per sq meter (£196 per sq foot).
The average size of a house on HARTON LANE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Harton Lane | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Harton Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harton Lane |
| Mar 2024 | Anti-social behaviour | On or near Harton Lane | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Harton Lane |