5 CHESTNUT GARDENS

£106,486

Full Address

5 CHESTNUT GARDENS
GATESHEAD
GATESHEAD
TYNE AND WEAR
UNITED KINGDOM
NE8 2TJ

Estimated Market Value

£106,486

This estimated value is based upon the latest sale price for the house of £87,950 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Transactions for this house
Price PaidDate
£87,95029 Nov 2019
£41,50027 Aug 2002
House Details
Semi-Detached
Freehold
Floor Area: 70 sq meters or 753 sq feet

House Price Models

Land Registry House Price Index Model

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 2019 the House Price Index for TYNE AND WEAR was 121.2.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.

Applying this 21.076% change to the original purchase price of £87,950 results in an estimated price of approximately £106,486.

29 Nov 2019 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
121.2 146.7 21.076 % £87,950 £18,536 £106,486

The Postcode Pricing Model uses changes in average sales price within the NE8 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 26.409 % £23,226 £111,176
3 Month Average 43.785 % £38,508 £126,458
6 Month Average 13.421 % £11,803 £99,753
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Aug 2017.

The average size of a house on CHESTNUT GARDENS is 84 sq meters (904 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Violence and sexual offences Under investigation On or near Almond Crescent
Mar 2024 Other theft Investigation complete; no suspect identified On or near Acorn Avenue
Mar 2024 Violence and sexual offences Under investigation On or near Renwick Court
Mar 2024 Violence and sexual offences Under investigation On or near Renwick Court
Dec 2023 Violence and sexual offences Under investigation On or near Renwick Court

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Companies Near Here
K.E LOCUM LTD
15 Almond Crescent Gateshead Tyne And Wear England NE8 2TE
VITI RAIL LTD
3 Acorn Avenue Gateshead United Kingdom NE8 2TL
S & G ELECTRICAL CONTRACTORS NE LTD
4 Walnut Gardens Gateshead Tyne And Wear England NE8 2TB
S & G ELECTRICAL CONTRACTORS LTD
9 Walnut Gardens Gateshead Tyne And Wear England NE8 2TB
JOHN MOODY INVESTMENTS LIMITED
Unit 1 Renwick Court Victoria Road Gateshead Tyne And Wear NE8 2SY

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People Near Here
DAVID CURRY Historic Information OPERATIONS DIRECTOR
GO NORTH EAST 117 QUEEN STREET, BENSHAM, NE8 2UA
Mr Jasbir Singh Chera
114 Victoria Road, Bensham, NE8 2SZ
MR Colin BARNES Director
Go North East 117 Queen Street, Bensham, NE8 2UA
MR Gary EDMUNDSON Director
Go North East 117 Queen Street, NE8 2UA
Mr John Moody
Unit 1, Renwick Court Victoria Road, NE8 2SY
John Moody Investments Limited
Unit 1, Renwick Court Victoria Road, NE8 2SY
JOWELI KOROIKURUVAKI VUNIDUVU DIRECTOR
3 ACORN AVENUE, NE8 2TL
ELEANOR KATHERINE BROWN Historic Information MORTGAGE ADVISOR
10 ALMOND CRESCENT, NE8 2TE
PETER GEORGE HUNTLEY Historic Information MANAGING DIRECTOR
117 QUEEN STREET, BENSHAM, NE8 2UA
MR KEVIN CARR Historic Information MANAGING DIRECTOR
GO NORTH EAST 117 QUEEN STREET, BENSHAM, NE8 2UA
JOHN MOODY PRIVATE BUILDER
UNIT 1 RENWICK COURT, VICTORIA ROAD GATESHEAD, NE8 2SY
MR ALEXANDER PAUL EDWARDS Historic Information DIRECTOR
117 QUEEN STREET, NE8 2UA
MR GEORGE COLIN MCPHERSON Historic Information FINANCE DIRECTOR
GO NORTH EAST 117 QUEEN STREET, BENSHAM, NE8 2UA
Mrs Shirley Moody
Unit 1, Renwick Court Victoria Road, NE8 2SY
MR RAMAN DEEP SINGH CHERA DIRECTOR
114 VICTORIA ROAD, BENSHAM, NE8 2SZ
ALLISON WRIGHT
UNIT 1 RENWICK COURT, VICTORIA ROAD GATESHEAD, NE8 2SY
MR VINCE THOMPSON Historic Information BUSINESS OWNER
7 ALMOND CRESCENT, NE8 2TE
MR Stephen KING Director
Go North East 117 Queen Street, NE8 2UA
MR GARY HUNTER OWNER
7 ALMOND CRESCENT, NE8 2TE
MR MARTIN PHILIP HARRIS Historic Information COMMERCIAL DIRECTOR
GO NORTH EAST, 117 QUEEN STREET, NE8 2UA
Mrs Harjinder Chera
114 Victoria Road, Bensham, NE8 2SZ
Mr Chobenie M'Ziwethu Shamakumba Historic Information
65 Morris Street, NE8 2TN
TREVOR BAILEY Historic Information DIRECTOR
UNIT 3 RENWICK COURT, VICTORIA ROAD, NE8 2SY
MR MARTIJN LEE GILBERT DIRECTOR
GO NORTH EAST 117 QUEEN STREET, BENSHAM, NE8 2UA
MR Erik Martin DE GREEF Director
Go North East 117 Queen Street, Bensham, NE8 2UA
MR JOHN EDWARD MAINS DIRECTOR
82 VICTORIA ROAD, NE8 2SZ
STEVE RENDELL Historic Information RETIRED
97 VICTORIA ROAD, NE8 2SY
Mr Michael Joseph Hughes
102 Morris Street , NE8 2TN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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