£558,444
This estimated value is based upon the latest sale price for the house of £330,000 on 12 Nov 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 |
|---|---|
| £330,000 | 12 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2012 the House Price Index for TYNE AND WEAR was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £330,000 results in an estimated price of approximately £558,444.
| 12 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £330,000 | £228,444 | £558,444 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 34.632 % | £114,285 | £444,285 |
| 3 Month Average | 37.959 % | £125,263 | £455,263 |
| 6 Month Average | 24.034 % | £79,311 | £409,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £413,618 | £410,000 | 28 WOODLEIGH ROAD |
| 24 Apr 2023 | £286,586 | £283,500 | 11 WEMBLEY AVENUE |
| 16 Feb 2023 | £134,909 | £135,000 | 37 CAULDWELL LANE |
| 15 Sep 2022 | £386,876 | £390,000 | 5 CAULDWELL CLOSE |
| 3 May 2022 | £241,551 | £237,000 | 71 CAULDWELL LANE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 28 Jun 2010. Using an estimated price of £558,444 means this house is valued at £4,432 per sq meter (£411 per sq foot).
The average size of a house on CAULDWELL LANE is 96 sq meters (1,043 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Cauldwell Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cauldwell Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cauldwell Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cauldwell Lane |