£233,884
This estimated value is based upon the latest sale price for the house of £133,000 on 13 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£133,000 | 13 Nov 2009 |
£125,000 | 10 Aug 2005 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £133,000 results in an estimated price of approximately £233,884.
13 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £133,000 | £100,884 | £233,884 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -17.928 % | £-23,843 | £109,156 |
3 Month Average | 56.435 % | £75,058 | £208,058 |
6 Month Average | 52.292 % | £69,548 | £202,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £228,821 | £225,000 | 30 SHIELDS ROAD |
10 Mar 2023 | £185,600 | £182,500 | 4 HAYDON DRIVE |
27 Feb 2023 | £286,917 | £285,000 | 16 PINETREE GARDENS |
17 Feb 2023 | £191,278 | £190,000 | 16 CHERRYTREE GARDENS |
2 Sep 2022 | £224,850 | £225,000 | 38 ELMTREE GARDENS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Apr 2009. Using an estimated price of £233,885 means this house is valued at £2,817 per sq meter (£261 per sq foot).
The average size of a house on CHERRYTREE GARDENS is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Cherrytree Gardens | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cherrytree Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Birchtree Gardens |
Jul 2024 | Anti-social behaviour | On or near Birchtree Gardens | |
Jul 2024 | Anti-social behaviour | On or near Cedar Close |