£143,069
This estimated value is based upon the latest sale price for the house of £84,000 on 8 Sep 2006. 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 Chelmsford Square
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| Price Paid | Date |
|---|---|
| £84,000 | 8 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £84,000 results in an estimated price of approximately £143,069.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £84,000 | £59,069 | £143,069 |
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 | 47.154 % | £39,609 | £123,609 |
| 3 Month Average | 16.368 % | £13,749 | £97,749 |
| 6 Month Average | 3.778 % | £3,173 | £87,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £101,295 | £100,000 | 15 CHELMSFORD SQUARE |
| 22 Jun 2023 | £86,801 | £85,750 | 95 WASHINGTON ROAD |
| 5 Aug 2022 | £107,959 | £108,250 | 4 CLOVELLY ROAD |
| 20 Jun 2022 | £91,392 | £90,100 | 3 CHELMSFORD SQUARE |
| 10 Jun 2022 | £73,032 | £72,000 | 43 CLOVELLY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Nov 2015. Using an estimated price of £143,070 means this house is valued at £1,834 per sq meter (£170 per sq foot).
The average size of a house on CHELMSFORD SQUARE is 77 sq meters (828 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Square |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chelmsford Square |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chelmsford Square |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chelmsford Square |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelmsford Square |