£432,465
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Medway Gardens
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £285,000 | 6 Jun 2014 |
| £205,000 | 9 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2014 the House Price Index for TYNE AND WEAR was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £285,000 results in an estimated price of approximately £432,465.
| 6 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £285,000 | £147,465 | £432,465 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 106.081 % | £302,330 | £587,330 |
| 3 Month Average | 28.055 % | £79,956 | £364,956 |
| 6 Month Average | 33.071 % | £94,252 | £379,252 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 25 Feb 2014.
The average size of a house on PORTLAND GARDENS is 152 sq meters (1,643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Medway Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preston Park |
| Jan 2024 | Other theft | Under investigation | On or near Lindisfarne Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodlands |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preston Road |