£131,595
This estimated value is based upon the latest sale price for the house of £38,800 on 1 Jun 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £38,800 | 1 Jun 2001 |
| £30,000 | 11 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 June 2001 the House Price Index for TYNE AND WEAR was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £38,800 results in an estimated price of approximately £131,595.
| 1 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £38,800 | £92,795 | £131,595 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 240.706 % | £93,394 | £132,194 |
| 3 Month Average | 188.768 % | £73,241 | £112,041 |
| 6 Month Average | 159.957 % | £62,063 | £100,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £157,329 | £155,000 | 22 RED BARNS |
| 8 Nov 2023 | £133,984 | £132,000 | 24 BEADNELL PLACE |
| 29 Sep 2023 | £133,710 | £132,000 | 37 RED BARNS |
| 19 Jun 2023 | £1,730,967 | £1,710,000 | A P CHAU C C BARKER STREET |
| 5 Jun 2023 | £192,330 | £190,000 | 44 HELMSLEY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Dec 2018. Using an estimated price of £131,596 means this house is valued at £1,853 per sq meter (£172 per sq foot).
The average size of a house on PORTMAN MEWS is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stoddart Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Stoddart Street |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stoddart Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |