According to the public record, 1 Lane House Cottages, Bridge End, Newcastle Upon Tyne is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Bridge End, Stamfordham, Newcastle Upon Tyne, NE18.
Bridge End, Stamfordham, Newcastle Upon Tyne, NE18 is located within the NE18 postal district.
1 Lane House Cottages, Bridge End, Newcastle Upon Tyne has 121 entries in the Land Registry database, most recently in September 2024 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 1 Lane House Cottages Bridge End Newcastle Upon Tyne as £136,983 and the rental value as £951 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 1 Lane House Cottages Bridge End Newcastle Upon Tyne has increased by £3,556 (2.6%) and its rental value has increased by £91 per month (9.5%).
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 Lane House Cottages, Bridge End, Newcastle Upon Tyne is in very good condition we estimate a sale value of £143,832 and rental value of £999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,394 and a rental value of £885 per month.
If you were able to purchase this property for the estimated value of £136,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £673 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, 1 Lane House Cottages, Bridge End, Newcastle Upon Tyne was last sold on 20 Dec 2023 for £265,000 and was recorded as a leasehold flat.
The property has had 12 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 6.5 kilometres radius of 1 Lane House Cottages, Bridge End, Newcastle Upon Tyne over the last 2 years.
The most recent example is 1 The Old Forge, Bridge End, Newcastle Upon Tyne, NE18 0PN, a Freehold house which sold for £265,000 in Dec 2023.
Read more about house prices in NE18.
Bridge End, Stamfordham, Newcastle Upon Tyne, NE18 has a total of 17 addresses. According to our analysis of all the public data, 1 Lane House Cottages, Bridge End, Newcastle Upon Tyne is the 15th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £418k less expensive than the average property in NE18.
The closest station to 1 Lane House Cottages, Bridge End, Newcastle Upon Tyne is Wylam station which is 8.1 kilometres away.