According to the public record, 8, Cheeseburn Gardens, Newcastle Upon Tyne is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cheeseburn Gardens, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
8, Cheeseburn Gardens, Newcastle Upon Tyne has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Cheeseburn Gardens Newcastle Upon Tyne as £139,062 and the rental value as £851 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 8 Cheeseburn Gardens Newcastle Upon Tyne has increased by £3,993 (2.9%) and its rental value has increased by £85 per month (9.9%).
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 8, Cheeseburn Gardens, Newcastle Upon Tyne is in very good condition we estimate a sale value of £146,015 and rental value of £894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,328 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £139,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £683 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 data from HM Land Registry, 8, Cheeseburn Gardens, Newcastle Upon Tyne sits on a plot of 242m2.
We have plot size data on 19 out of 30 other houses in the postcode and 8, Cheeseburn Gardens, Newcastle Upon Tyne sits on the 7th largest plot.
According to HM Land Registry, 8, Cheeseburn Gardens, Newcastle Upon Tyne was last sold on 07 Dec 2020 for £116,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cheeseburn Gardens, Newcastle Upon Tyne within a radius of 470 metres over the last 2 years.
The most recent example is 29, Cheeseburn Gardens, Newcastle Upon Tyne, NE5 2HY, a Freehold house which sold for £120,000 in Oct 2022.
Read more about house prices in NE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheeseburn Gardens, Newcastle Upon Tyne, NE5 has a total of 30 addresses. According to our analysis of all the public data, 8, Cheeseburn Gardens, Newcastle Upon Tyne is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in NE5.
8, Cheeseburn Gardens, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Cheeseburn Gardens, Newcastle Upon Tyne is MetroCentre station which is 3.3 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 8, Cheeseburn Gardens, Newcastle Upon Tyne, 30.9% of property is privately owned with a mortgage and 28.2% is privately rented.
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 8, Cheeseburn Gardens, Newcastle Upon Tyne, 22.6% of residents are recorded as possessing school level qualifications and 23.2% 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 8, Cheeseburn 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 8, Cheeseburn 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 8, Cheeseburn Gardens, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.