£720,561
This estimated value is based upon the latest sale price for the house of £575,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Regency Drive
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| Price Paid | Date |
|---|---|
| £575,000 | 18 Jun 2018 |
| £266,500 | 17 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £575,000 results in an estimated price of approximately £720,561.
| 18 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £575,000 | £145,561 | £720,561 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 20.558 % | £118,209 | £693,209 |
| 3 Month Average | 25.797 % | £148,333 | £723,333 |
| 6 Month Average | 22.322 % | £128,353 | £703,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £308,570 | £308,570 | 121 WOODSIDE AVENUE SOUTH |
| 17 Nov 2023 | £351,934 | £343,000 | 126 WAINBODY AVENUE SOUTH |
| 11 Jul 2022 | £297,986 | £295,000 | 102 WAINBODY AVENUE SOUTH |
| 28 Apr 2022 | £337,162 | £325,000 | 105 WOODSIDE AVENUE SOUTH |
| 28 Jan 2022 | £362,058 | £341,500 | 94 WAINBODY AVENUE SOUTH |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 29 Jan 2018. Using an estimated price of £720,561 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on REGENCY DRIVE is 309 sq meters (3,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Regency Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regency Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Regency Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Regency Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sylvan Drive |