£127,103
This estimated value is based upon the latest sale price for the house of £118,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £118,000 | 19 Nov 2021 |
| £75,000 | 11 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £118,000 results in an estimated price of approximately £127,103.
| 19 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £118,000 | £9,103 | £127,103 |
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 | -61.885 % | £-73,024 | £44,975 |
| 3 Month Average | -23.846 % | £-28,138 | £89,861 |
| 6 Month Average | -10.859 % | £-12,813 | £105,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £86,703 | £86,000 | 9 CONWAY ROAD |
| 22 Jun 2023 | £86,451 | £85,750 | 95 WASHINGTON ROAD |
| 13 Mar 2023 | £78,927 | £78,500 | 14 CORINTHIAN SQUARE |
| 29 Jun 2022 | £95,973 | £95,000 | 15 CONWAY SQUARE |
| 20 Jun 2022 | £91,023 | £90,100 | 3 CHELMSFORD SQUARE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Mar 2017. Using an estimated price of £127,103 means this house is valued at £1,608 per sq meter (£149 per sq foot).
The average size of a house on CHEADLE ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cheadle Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cheadle Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | 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 |