£101,988
This estimated value is based upon the latest sale price for the house of £68,500 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,500 | 27 Feb 2015 |
| £23,750 | 10 Dec 1999 |
| £22,500 | 8 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 February 2015 the House Price Index for TYNE AND WEAR was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £68,500 results in an estimated price of approximately £101,988.
| 27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £68,500 | £33,488 | £101,988 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 41.313 % | £28,299 | £96,799 |
| 3 Month Average | 22.411 % | £15,351 | £83,851 |
| 6 Month Average | 14.576 % | £9,984 | £78,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £185,612 | £184,000 | 17 - 19 LAING GROVE |
| 22 Apr 2024 | £151,264 | £149,950 | 15 KESWICK GARDENS |
| 8 Dec 2023 | £70,156 | £68,000 | 3 REDCAR ROAD |
| 17 Nov 2023 | £66,693 | £65,000 | 21 HOLDERNESS ROAD |
| 9 Nov 2023 | £76,953 | £75,000 | 3 LAING GROVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Oct 2014. Using an estimated price of £101,988 means this house is valued at £1,924 per sq meter (£178 per sq foot).
The average size of a house on CLEVELAND GARDENS is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Cleveland Gardens |
| Apr 2024 | Other crime | Under investigation | On or near Cleveland Gardens |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Cleveland Gardens |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Julien Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Julien Gardens |