£165,421
This estimated value is based upon the latest sale price for the house of £97,000 on 30 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£97,000 | 30 May 2012 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 582 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 May 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £97,000 results in an estimated price of approximately £165,421.
30 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £97,000 | £68,421 | £165,421 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 31.263 % | £30,325 | £127,325 |
3 Month Average | 18.782 % | £18,218 | £115,218 |
6 Month Average | 34.217 % | £33,190 | £130,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £254,452 | £250,000 | 11 RICHMOND PARK |
24 Aug 2023 | £74,653 | £74,000 | 56 WELWYN CLOSE |
21 Jul 2023 | £139,883 | £138,000 | 36 REGENTS COURT |
12 Jun 2023 | £162,974 | £161,000 | 2 REGENTS COURT |
16 Sep 2022 | £322,397 | £325,000 | 10 GREEN PARK |
This house has a floor area of 54 sq meters or 582 sq feet when measured on 26 Aug 2011. Using an estimated price of £165,422 means this house is valued at £3,057 per sq meter (£284 per sq foot).
The average size of a house on REGENTS COURT is 55 sq meters (598 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richmond Park |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Richmond Park |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Richmond Park |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richmond Park |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Shawbrow Close |