£279,040
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 28 Nov 2014 |
| £133,000 | 18 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £185,000 results in an estimated price of approximately £279,040.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £185,000 | £94,040 | £279,040 |
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 | 63.047 % | £116,636 | £301,636 |
| 3 Month Average | 57.275 % | £105,959 | £290,959 |
| 6 Month Average | 37.022 % | £68,489 | £253,489 |
| 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 89 sq meters or 957 sq feet when measured on 29 Jun 2015. Using an estimated price of £279,040 means this house is valued at £3,135 per sq meter (£291 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 |