£146,397
This estimated value is based upon the latest sale price for the house of £120,000 on 5 Jun 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 |
---|---|
£120,000 | 5 Jun 2020 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £120,000 results in an estimated price of approximately £146,397.
5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £120,000 | £26,397 | £146,397 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 15.979 % | £19,174 | £139,174 |
3 Month Average | 52.855 % | £63,426 | £183,426 |
6 Month Average | 29.759 % | £35,710 | £155,710 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £253,850 | £249,950 | 115 REGENT TERRACE |
23 Jun 2023 | £183,681 | £180,000 | 83 TUDOR AVENUE |
20 Jan 2023 | £230,616 | £230,000 | 70 TUDOR AVENUE |
28 Feb 2022 | £170,090 | £161,000 | 123 QUEEN ALEXANDRA ROAD WEST |
30 Sep 2021 | £211,686 | £195,000 | 59 TUDOR AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Sep 2020. Using an estimated price of £146,398 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on REGENCY GARDENS is 77 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regency Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regency Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ritson Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Queen Alexandra Road West |
Jun 2024 | Anti-social behaviour | On or near Kimberley Avenue |