£223,403
This estimated value is based upon the latest sale price for the house of £137,500 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,500 | 8 Nov 2013 |
| £47,000 | 14 Jan 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 November 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £137,500 results in an estimated price of approximately £223,403.
| 8 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £137,500 | £85,903 | £223,403 |
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 | 39.138 % | £53,814 | £191,314 |
| 3 Month Average | 30.691 % | £42,200 | £179,700 |
| 6 Month Average | 21.592 % | £29,688 | £167,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £97,856 | £97,000 | 4 MAPLE AVENUE |
| 31 Jul 2023 | £111,501 | £110,000 | 7 REGENCY DRIVE |
| 23 Jun 2023 | £111,349 | £110,000 | 16 MAPLE AVENUE |
| 27 Jan 2023 | £202,267 | £203,220 | 6 MAPLE AVENUE |
| 27 Jan 2023 | £83,606 | £84,000 | 46 HAWTHORN AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 28 Jun 2013. Using an estimated price of £223,403 means this house is valued at £2,012 per sq meter (£186 per sq foot).
The average size of a house on REGENCY DRIVE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Regency Drive | |
| Jan 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Holly Avenue | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Hawthorn Avenue |