£246,099
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£165,000 | 12 Dec 2014 |
Semi-Detached |
Leasehold |
Floor Area: 104 sq meters or 1,119 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 December 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £165,000 results in an estimated price of approximately £246,099.
12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £165,000 | £81,099 | £246,099 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 6.589 % | £10,871 | £175,871 |
3 Month Average | 15.366 % | £25,353 | £190,353 |
6 Month Average | 6.301 % | £10,396 | £175,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £87,039 | £85,750 | 137 DARTMOUTH AVENUE |
3 Apr 2023 | £217,340 | £215,000 | 97 DARTMOUTH AVENUE |
31 Oct 2022 | £215,678 | £218,000 | 17 PORTLAND GARDENS |
30 Aug 2022 | £56,847 | £57,000 | 5 BODMIN COURT |
14 Jan 2022 | £279,941 | £266,000 | 3 CROMER COURT |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 2 Jun 2014. Using an estimated price of £246,099 means this house is valued at £2,366 per sq meter (£219 per sq foot).
The average size of a house on PORTLAND GARDENS is 103 sq meters (1,111 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Weymouth Gardens |
Mar 2024 | Anti-social behaviour | On or near Weymouth Gardens |