£457,541
This estimated value is based upon the latest sale price for the house of £157,000 on 17 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £157,000 | 17 May 2002 |
| £96,000 | 8 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £157,000 results in an estimated price of approximately £457,541.
| 17 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £157,000 | £300,541 | £457,541 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 165.867 % | £260,411 | £417,411 |
| 3 Month Average | 139.798 % | £219,483 | £376,483 |
| 6 Month Average | 174.117 % | £273,363 | £430,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £853,719 | £846,250 | 43 THE BROADWAY |
| 3 Aug 2023 | £585,119 | £580,000 | 1 ALDENHAM GARDENS |
| 3 Aug 2023 | £579,066 | £574,000 | 11 HASTINGS DRIVE |
| 21 Jul 2023 | £721,713 | £712,000 | 4 KINGSWAY |
| 25 Nov 2022 | £513,777 | £520,000 | 7 SAXON DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Jul 2015. Using an estimated price of £457,541 means this house is valued at £5,579 per sq meter (£518 per sq foot).
The average size of a house on REGENTS DRIVE is 139 sq meters (1,503 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kennersdene |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kennersdene |
| Feb 2024 | Vehicle crime | Under investigation | On or near Monkstone Crescent |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Monkstone Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millfield Gardens |