£251,415
This estimated value is based upon the latest sale price for the house of £202,000 on 14 Jun 2019. 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 Paignton Avenue
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| Price Paid | Date |
|---|---|
| £202,000 | 14 Jun 2019 |
| £156,000 | 30 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 899 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £202,000 results in an estimated price of approximately £251,415.
| 14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £202,000 | £49,415 | £251,415 |
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 | 19.304 % | £38,994 | £240,994 |
| 3 Month Average | 17.921 % | £36,199 | £238,199 |
| 6 Month Average | 30.070 % | £60,741 | £262,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £255,862 | £248,000 | 94 PAIGNTON AVENUE |
| 11 Oct 2023 | £271,159 | £265,000 | 119 CAULDWELL LANE |
| 25 Jan 2023 | £526,407 | £525,000 | 93 CAULDWELL LANE |
| 1 Mar 2022 | £151,370 | £145,000 | 16 THE LEAS SEATONVILLE ROAD |
| 23 Aug 2021 | £366,945 | £326,500 | 51 WEMBLEY AVENUE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 19 May 2009. Using an estimated price of £251,416 means this house is valued at £3,010 per sq meter (£279 per sq foot).
The average size of a house on PAIGNTON AVENUE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Paignton Avenue |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Paignton Avenue |