£341,255
This estimated value is based upon the latest sale price for the house of £235,000 on 12 Jun 2015. 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 Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £235,000 | 12 Jun 2015 |
| £249,999 | 31 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £235,000 results in an estimated price of approximately £341,255.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £235,000 | £106,255 | £341,255 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 40.048 % | £94,112 | £329,112 |
| 3 Month Average | 28.012 % | £65,828 | £300,828 |
| 6 Month Average | 23.307 % | £54,771 | £289,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £185,000 | £185,000 | 23 BEANLEY PLACE |
| 14 Sep 2023 | £177,267 | £175,000 | 2 BEANLEY PLACE |
| 31 Jan 2023 | £283,664 | £285,000 | 71 NEWTON ROAD |
| 24 Jun 2022 | £152,150 | £150,000 | 136 NEWTON ROAD |
| 6 Apr 2022 | £334,685 | £325,000 | 53 COTSWOLD GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 30 Jun 2014. Using an estimated price of £341,255 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on CLEVELAND GARDENS is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |