£155,045
This estimated value is based upon the latest sale price for the house of £30,000 on 21 Mar 1997. 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 |
|---|---|
| £30,000 | 21 Mar 1997 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 1997 the House Price Index for TYNE AND WEAR was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.819%.Applying this 416.819% change to the original purchase price of £30,000 results in an estimated price of approximately £155,045.
| 21 Mar 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.819 % | £30,000 | £125,045 | £155,045 |
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 | 251.001 % | £75,300 | £105,300 |
| 3 Month Average | 237.773 % | £71,331 | £101,331 |
| 6 Month Average | 262.173 % | £78,651 | £108,651 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Feb 2016.
The average size of a house on DEANHAM GARDENS is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Cheeseburn Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Cheeseburn Gardens |
| Feb 2024 | Burglary | Under investigation | On or near Cheeseburn Gardens |
| Jan 2024 | Anti-social behaviour | On or near Deanham Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Deanham Gardens |