According to the public record, 1, Beechburn Walk, Newcastle Upon Tyne is a mid-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Beechburn Walk, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
1, Beechburn Walk, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
We combine this information with public data 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 1 Beechburn Walk Newcastle Upon Tyne as £58,747 and the rental value as £467 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 1 Beechburn Walk Newcastle Upon Tyne has increased by £1,693 (2.9%) and its rental value has increased by £44 per month (9.4%).
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 1, Beechburn Walk, Newcastle Upon Tyne is in very good condition we estimate a sale value of £61,684 and rental value of £491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,634 and a rental value of £435 per month.
If you were able to purchase this property for the estimated value of £58,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £289 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Beechburn Walk, Newcastle Upon Tyne within a radius of 340 metres over the last 2 years.
The most recent example is 36, Hamilton Crescent, Newcastle Upon Tyne, NE4 5EH, a Leasehold flat which sold for £57,000 in Jun 2020.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beechburn Walk, Newcastle Upon Tyne, NE4 has a total of 34 addresses. According to our analysis of all the public data, 1, Beechburn Walk, Newcastle Upon Tyne is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE4.
1, Beechburn Walk, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 1, Beechburn Walk, Newcastle Upon Tyne is Newcastle station which is 1.3 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 1, Beechburn Walk, Newcastle Upon Tyne, 68.0% of property is socially rented and 18.8% 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 1, Beechburn Walk, Newcastle Upon Tyne, 22.8% of residents are recorded as possessing school level qualifications and 20.5% 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 1, Beechburn Walk, Newcastle Upon Tyne, the average age was 30.9 and the most common age was 22.
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 1, Beechburn Walk, 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 1, Beechburn Walk, Newcastle Upon Tyne, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.