£229,450
This estimated value is based upon the latest sale price for the house of £177,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Paignton Avenue
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| Price Paid | Date |
|---|---|
| £177,000 | 26 May 2017 |
| £180,000 | 26 Jul 2005 |
| £58,950 | 4 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £177,000 results in an estimated price of approximately £229,450.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £177,000 | £52,450 | £229,450 |
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 | 22.972 % | £40,660 | £217,660 |
| 3 Month Average | 32.258 % | £57,096 | £234,096 |
| 6 Month Average | 29.748 % | £52,654 | £229,654 |
| 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 |
| 5 Apr 2022 | £293,072 | £282,500 | 18 OAKLAND ROAD |
| 23 Aug 2021 | £366,945 | £326,500 | 51 WEMBLEY AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 3 Mar 2017. Using an estimated price of £229,450 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on CAULDWELL LANE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Paignton Avenue |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue |