£224,650
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Jan 2011. 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 Cayton Grove
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| Price Paid | Date |
|---|---|
| £130,000 | 7 Jan 2011 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 January 2011 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £130,000 results in an estimated price of approximately £224,650.
| 7 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £130,000 | £94,650 | £224,650 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 25.956 % | £33,742 | £163,742 |
| 3 Month Average | 28.941 % | £37,623 | £167,623 |
| 6 Month Average | 29.333 % | £38,133 | £168,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £86,326 | £85,000 | 8 COTTER RIGGS WALK |
| 12 Jun 2023 | £255,061 | £249,950 | 61 CAYTON GROVE |
| 31 Mar 2023 | £171,870 | £169,000 | 10 CAYTON GROVE |
| 30 Sep 2022 | £184,876 | £185,000 | 18 CHESHAM GARDENS |
| 1 Jun 2022 | £206,412 | £202,000 | 7 CHESHAM GARDENS |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 11 May 2010. Using an estimated price of £224,651 means this house is valued at £3,801 per sq meter (£353 per sq foot).
The average size of a house on CHADDERTON DRIVE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Cayton Grove |
| Aug 2024 | Vehicle crime | Under investigation | On or near Cayton Grove |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cotter Riggs Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |