£259,980
This estimated value is based upon the latest sale price for the house of £152,000 on 10 Oct 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 |
|---|---|
| £152,000 | 10 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £152,000 results in an estimated price of approximately £259,980.
| 10 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £152,000 | £107,980 | £259,980 |
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 | 71.503 % | £108,683 | £260,683 |
| 3 Month Average | 51.481 % | £78,251 | £230,251 |
| 6 Month Average | 45.518 % | £69,186 | £221,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £337,669 | £330,000 | 51 CAULDWELL LANE |
| 24 Apr 2023 | £288,904 | £283,500 | 11 WEMBLEY AVENUE |
| 16 Feb 2023 | £135,908 | £135,000 | 37 CAULDWELL LANE |
| 16 Jun 2022 | £150,211 | £147,000 | 24 WILSON COURT |
| 11 May 2022 | £269,464 | £262,444 | 4 LENA AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Jun 2012. Using an estimated price of £259,980 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on PAIGNTON AVENUE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cauldwell Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Lane |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Cauldwell Lane |