£334,502
This estimated value is based upon the latest sale price for the house of £330,000 on 4 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £330,000 | 4 Jul 2023 |
| £160,000 | 3 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 July 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £330,000 results in an estimated price of approximately £334,502.
| 4 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £330,000 | £4,502 | £334,502 |
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 | -29.091 % | £-96,000 | £233,999 |
| 3 Month Average | -7.388 % | £-24,379 | £305,620 |
| 6 Month Average | -0.615 % | £-2,028 | £327,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £238,044 | £235,000 | 103 HARTON HOUSE ROAD |
| 17 Aug 2023 | £181,589 | £180,000 | 106 HARTON HOUSE ROAD |
| 4 Jul 2023 | £334,502 | £330,000 | 27 MOOR LANE EAST |
| 6 Apr 2023 | £240,085 | £237,500 | 21 FAIRHOLME AVENUE |
| 21 Oct 2022 | £170,168 | £172,000 | 27 MARSDEN ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 16 Sep 2020. Using an estimated price of £334,502 means this house is valued at £2,986 per sq meter (£277 per sq foot).
The average size of a house on MOOR LANE EAST is 119 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Moor Lane East |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |