£133,134
This estimated value is based upon the latest sale price for the house of £116,000 on 7 Dec 2020. 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 Cheeseburn Gardens
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| Price Paid | Date |
|---|---|
| £116,000 | 7 Dec 2020 |
| £97,500 | 30 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £116,000 results in an estimated price of approximately £133,134.
| 7 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £116,000 | £17,134 | £133,134 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -43.976 % | £-51,012 | £64,987 |
| 3 Month Average | -16.774 % | £-19,457 | £96,542 |
| 6 Month Average | 1.547 % | £1,794 | £117,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £170,060 | £168,000 | 69 DEANHAM GARDENS |
| 29 Mar 2023 | £84,294 | £83,500 | 64 ANGERTON GARDENS |
| 20 Jan 2023 | £79,625 | £80,000 | 74 DEANHAM GARDENS |
| 13 Jan 2023 | £94,555 | £95,000 | 5 DEANHAM GARDENS |
| 14 Oct 2022 | £118,722 | £120,000 | 29 CHEESEBURN GARDENS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Jan 2015. Using an estimated price of £133,135 means this house is valued at £1,318 per sq meter (£122 per sq foot).
The average size of a house on CHEESEBURN GARDENS is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Cheeseburn Gardens |
| Feb 2024 | Burglary | Under investigation | On or near Cheeseburn Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Cheeseburn Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bavington Drive |
| Mar 2024 | Anti-social behaviour | On or near Bavington Drive |