£205,301
This estimated value is based upon the latest sale price for the house of £119,500 on 4 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 |
---|---|
£119,500 | 4 May 2012 |
£47,000 | 10 May 1996 |
Semi-Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £119,500 results in an estimated price of approximately £205,301.
4 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £119,500 | £85,801 | £205,301 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 58.696 % | £70,141 | £189,641 |
3 Month Average | 40.622 % | £48,543 | £168,043 |
6 Month Average | 23.897 % | £28,556 | £148,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £98,782 | £97,000 | 4 MAPLE AVENUE |
23 Jun 2023 | £112,249 | £110,000 | 16 MAPLE AVENUE |
27 Jan 2023 | £203,764 | £203,220 | 6 MAPLE AVENUE |
27 Jan 2023 | £84,225 | £84,000 | 46 HAWTHORN AVENUE |
7 Nov 2022 | £383,208 | £385,000 | ELLA LODGE PADDOCK LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jul 2014. Using an estimated price of £205,301 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on REGENCY DRIVE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Regency Drive |
Jun 2024 | Anti-social behaviour | On or near Regency Drive | |
Jun 2024 | Anti-social behaviour | On or near Regency Drive | |
Jun 2024 | Anti-social behaviour | On or near Regency Drive | |
Jun 2024 | Anti-social behaviour | On or near Regency Drive |