According to the public record, 53, Cherryburn Gardens, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,108 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cherryburn Gardens, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
53, Cherryburn Gardens, Newcastle Upon Tyne has a single entry in the Land Registry database from September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 53 Cherryburn Gardens Newcastle Upon Tyne as £277,595 and the rental value as £1,270 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 53 Cherryburn Gardens Newcastle Upon Tyne has increased by £3,699 (1.3%) and its rental value has increased by £101 per month (7.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 53, Cherryburn Gardens, Newcastle Upon Tyne is in very good condition we estimate a sale value of £291,474 and rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,163 and a rental value of £1,181 per month.
If you were able to purchase this property for the estimated value of £277,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,364 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 53, Cherryburn Gardens, Newcastle Upon Tyne was last sold on 08 Sep 2006 for £222,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Cherryburn Gardens, Newcastle Upon Tyne within a radius of 560 metres over the last 2 years.
The most recent example is 13, Bourne Avenue, Newcastle Upon Tyne, NE4 9XL, a Freehold house which sold for £285,000 in May 2023.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherryburn Gardens, Newcastle Upon Tyne, NE4 has a total of 50 addresses. According to our analysis of all the public data, 53, Cherryburn Gardens, Newcastle Upon Tyne is the 46th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in NE4.
The closest station to 53, Cherryburn Gardens, Newcastle Upon Tyne is Newcastle station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Cherryburn Gardens, Newcastle Upon Tyne, 43.6% of property is privately owned with a mortgage and 40.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 53, Cherryburn Gardens, Newcastle Upon Tyne, 16.3% of residents are recorded as possessing school level qualifications and 70.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 53, Cherryburn Gardens, Newcastle Upon Tyne, the average age was 36.3 and the most common age was 37.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 53, Cherryburn Gardens, Newcastle Upon Tyne, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 53, Cherryburn Gardens, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.