£214,381
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Sep 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£150,000 | 11 Sep 2015 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 September 2015 the House Price Index for TYNE AND WEAR was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £150,000 results in an estimated price of approximately £214,381.
11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £150,000 | £64,381 | £214,381 |
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 | -37.309 % | £-55,963 | £94,036 |
3 Month Average | 28.692 % | £43,037 | £193,037 |
6 Month Average | 25.954 % | £38,931 | £188,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £255,862 | £248,000 | 94 PAIGNTON AVENUE |
11 Oct 2023 | £271,159 | £265,000 | 119 CAULDWELL LANE |
25 Jan 2023 | £526,407 | £525,000 | 93 CAULDWELL LANE |
1 Mar 2022 | £151,370 | £145,000 | 16 THE LEAS SEATONVILLE ROAD |
27 Apr 2021 | £147,880 | £130,000 | 14 THE LEAS SEATONVILLE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 9 Mar 2015. Using an estimated price of £214,381 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on PAIGNTON AVENUE is 99 sq meters (1,068 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canberra Avenue |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jun 2024 | Anti-social behaviour | On or near Parking Area | |
Jun 2024 | Anti-social behaviour | On or near Parking Area |