£393,229
This estimated value is based upon the latest sale price for the house of £245,000 on 20 Dec 2013. 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 Cawburn Close
More crime details
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| Price Paid | Date |
|---|---|
| £245,000 | 20 Dec 2013 |
| £123,000 | 31 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £245,000 results in an estimated price of approximately £393,229.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £245,000 | £148,229 | £393,229 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 39.974 % | £97,936 | £342,936 |
| 3 Month Average | 8.376 % | £20,522 | £265,522 |
| 6 Month Average | 26.308 % | £64,455 | £309,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £286,470 | £283,000 | 25 CAWBURN CLOSE |
| 31 Mar 2023 | £217,045 | £215,000 | 6 CAWBURN CLOSE |
| 27 Jun 2022 | £319,515 | £315,000 | 92 GREENLEE DRIVE |
| 24 Jun 2022 | £334,730 | £330,000 | 38 GREENLEE DRIVE |
| 3 Dec 2021 | £420,516 | £392,500 | 31 CAWBURN CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 Sep 2013. Using an estimated price of £393,229 means this house is valued at £4,519 per sq meter (£419 per sq foot).
The average size of a house on CAWBURN CLOSE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cawburn Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cawburn Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melkridge Gardens |
| Dec 2023 | Anti-social behaviour | On or near Melkridge Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Melkridge Gardens |