£228,751
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Oct 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 |
|---|---|
| £195,000 | 9 Oct 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £195,000 results in an estimated price of approximately £228,751.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £195,000 | £33,751 | £228,751 |
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 | -26.101 % | £-50,896 | £144,103 |
| 3 Month Average | 7.893 % | £15,391 | £210,391 |
| 6 Month Average | 6.753 % | £13,167 | £208,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £345,523 | £342,500 | 29 CROMER AVENUE |
| 28 Apr 2023 | £116,252 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 31 Oct 2022 | £215,678 | £218,000 | 17 PORTLAND GARDENS |
| 30 Aug 2022 | £56,847 | £57,000 | 5 BODMIN COURT |
| 15 Jul 2022 | £151,909 | £151,500 | 14 LYNDEN GATE CROMER AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Mar 2016. Using an estimated price of £228,751 means this house is valued at £2,756 per sq meter (£256 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 | Anti-social behaviour | On or near Weymouth Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Weymouth Gardens |