£109,338
This estimated value is based upon the latest sale price for the house of £96,500 on 18 Dec 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 |
|---|---|
| £96,500 | 18 Dec 2020 |
| £84,000 | 20 Jan 2003 |
| £48,500 | 19 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 416 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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £96,500 results in an estimated price of approximately £109,338.
| 18 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £96,500 | £12,838 | £109,338 |
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 | -24.343 % | £-23,490 | £73,009 |
| 3 Month Average | -23.380 % | £-22,562 | £73,937 |
| 6 Month Average | -0.432 % | £-417 | £96,082 |
This house has a floor area of 38 sq meters or 416 sq feet when measured on 10 Mar 2010.
The average size of a house on PORTLAND MEWS is 58 sq meters (629 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Portland Mews |
| Mar 2024 | Anti-social behaviour | On or near Portland Mews | |
| Feb 2024 | Drugs | Under investigation | On or near Portland Mews |
| Jan 2024 | Anti-social behaviour | On or near Portland Mews | |
| Jan 2024 | Anti-social behaviour | On or near Portland Mews |