£299,597
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Jan 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 Martello Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £190,000 | 29 Jan 2014 |
| £76,000 | 17 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £190,000 results in an estimated price of approximately £299,597.
| 29 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £190,000 | £109,597 | £299,597 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 41.523 % | £78,892 | £268,892 |
| 3 Month Average | 9.712 % | £18,453 | £208,453 |
| 6 Month Average | 29.524 % | £56,095 | £246,095 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 12 Sep 2014.
The average size of a house on MARTELLO GARDENS is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Martello Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Martello Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Alban'S Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Hall Walk |
| Dec 2023 | Burglary | Under investigation | On or near Benton Hall Walk |