£159,411
This estimated value is based upon the latest sale price for the house of £137,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,500 | 6 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £137,500 results in an estimated price of approximately £159,411.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £137,500 | £21,911 | £159,411 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -14.996 % | £-20,620 | £116,879 |
| 3 Month Average | -6.377 % | £-8,768 | £128,731 |
| 6 Month Average | -2.766 % | £-3,802 | £133,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £216,897 | £215,000 | 44 CAULDWELL VILLAS |
| 1 Jun 2023 | £202,452 | £200,000 | 245 MORTIMER ROAD |
| 20 Jan 2023 | £136,855 | £137,500 | 42 CAULDWELL PLACE |
| 8 Jul 2022 | £185,499 | £185,000 | 19 PAGE AVENUE |
| 17 Jun 2022 | £152,911 | £150,750 | 56 CAULDWELL VILLAS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Jun 2020. Using an estimated price of £159,411 means this house is valued at £1,853 per sq meter (£172 per sq foot).
The average size of a house on CAULDWELL VILLAS is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Villas |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cauldwell Villas |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Page Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Stanton Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |