8, Cherrytree Drive
8, Cherrytree Drive
Description & Estimates
8, Cherrytree Drive, Newcastle Upon Tyne is recorded publicly as a mid-century leasehold house across 1,054 ft2 of internal area, sitting on a 218 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Cherrytree Drive, Newcastle Upon Tyne is £281,447 and its rental estimate is £1,206 per month, given the available information and assuming reasonable condition.
Cherrytree Drive, Whickham, Newcastle Upon Tyne, NE16 falls within the NE16 postal district, in the borough of Gateshead.
Our Data Sources
8, Cherrytree Drive, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Cherrytree Drive, Newcastle Upon Tyne, we estimate a market value of £295,519 and a rental value of £1,266 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,745 and £1,121 per month respectively.
Recent Market Change
Over the last year, 8, Cherrytree Drive, Newcastle Upon Tyne has seen its estimated sale value move up by £1,675 (0.6%) and its estimated rental value increase by £44 per month (3.7%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 8, Cherrytree Drive, Newcastle Upon Tyne as measuring 218 m2.
That makes it the 56th largest plot in the postcode, where 56 of the 57 other houses have recorded plot data.
Energy Efficiency
8, Cherrytree Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Cherrytree Drive, Newcastle Upon Tyne completed on 8th August 2014 at £178,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 2.4% over the period since August 2014.
- Sold Aug 2014£178,500
- Sold Sep 1998£79,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Cherrytree Drive, Newcastle Upon Tyne have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 17, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ, a freehold house which sold for £294,000.
Read more about house prices in NE16.
- Sold Jul 2024£294,000 | 3 Bed House17, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ17, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ
- Sold May 2024£270,000 | 3 Bed House11, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ11, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ
- Sold Oct 2022£263,000 | 3 Bed House9, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ9, Cherrytree Drive, Newcastle Upon Tyne, NE16 4TQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Cherrytree Drive, Whickham, Newcastle Upon Tyne, NE16, 8, Cherrytree Drive, Newcastle Upon Tyne comes out as the 24th largest and the 21st most expensive in our analysis of the public data.
It is also £60k more expensive than the average property across the NE16 district.
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Schools Nearby
- 300mSt Mary's Catholic Primary School, Whickham
- 800mSwalwell Primary School
- 900mDunston Hill Community Primary School
- 900mKingsmeadow Community School
- 1.5kmWhickham School
- 3.5kmSt Cuthbert's High School
More reading links
Public Transport Nearby
From 8, Cherrytree Drive, Newcastle Upon Tyne, the nearest station is MetroCentre, 1.2 kilometres away.
- 1.2kmMetroCentre
- 1.6kmDunston
- 3.5kmBlaydon
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
