£120,409
This estimated value is based upon the latest sale price for the house of £95,000 on 21 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,000 | 21 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £95,000 results in an estimated price of approximately £120,409.
| 21 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £95,000 | £25,409 | £120,409 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -36.159 % | £-34,350 | £60,649 |
| 3 Month Average | 7.479 % | £7,104 | £102,104 |
| 6 Month Average | 9.473 % | £8,999 | £103,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £101,295 | £100,000 | 15 CHELMSFORD SQUARE |
| 13 Mar 2023 | £79,247 | £78,500 | 14 CORINTHIAN SQUARE |
| 20 Jun 2022 | £91,392 | £90,100 | 3 CHELMSFORD SQUARE |
| 10 Jun 2022 | £73,032 | £72,000 | 43 CLOVELLY ROAD |
| 11 Feb 2022 | £108,540 | £103,500 | 9 CHELTENHAM ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 31 Jul 2017. Using an estimated price of £120,409 means this house is valued at £1,563 per sq meter (£145 per sq foot).
The average size of a house on CHEADLE ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cheadle Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheadle Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheadle Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Road |
| Mar 2024 | Public order | Under investigation | On or near Chelmsford Road |