£337,669
This estimated value is based upon the latest sale price for the house of £330,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £330,000 | 27 Oct 2023 |
| £207,500 | 11 Dec 2015 |
| £189,950 | 30 Nov 2012 |
| £198,000 | 23 Jun 2007 |
| £167,000 | 30 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £330,000 results in an estimated price of approximately £337,669.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £330,000 | £7,669 | £337,669 |
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 | 168.923 % | £557,444 | £887,444 |
| 3 Month Average | 3.706 % | £12,230 | £342,230 |
| 6 Month Average | 2.458 % | £8,110 | £338,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £337,669 | £330,000 | 51 CAULDWELL LANE |
| 11 Aug 2023 | £417,531 | £410,000 | 28 WOODLEIGH ROAD |
| 24 Apr 2023 | £288,904 | £283,500 | 11 WEMBLEY AVENUE |
| 16 Feb 2023 | £135,908 | £135,000 | 37 CAULDWELL LANE |
| 15 Sep 2022 | £389,740 | £390,000 | 5 CAULDWELL CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Jul 2011. Using an estimated price of £337,669 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on CAULDWELL LANE is 96 sq meters (1,043 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 | Public order | Under investigation | On or near Cauldwell Lane |