According to the public record, 1 Powdene House, Newcastle Upon Tyne is a period apartment with 875 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Powdene House, Pudding Chare, Newcastle Upon Tyne, NE1.
Pudding Chare, Newcastle Upon Tyne, NE1 is located in the borough of Newcastle upon Tyne within the NE1 postal district.
1 Powdene House, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated March 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Powdene House Newcastle Upon Tyne as £106,327 and the rental value as £798 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 1 Powdene House Newcastle Upon Tyne has increased by £2,559 (2.4%) and its rental value has increased by £70 per month (8.7%).
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 Powdene House, Newcastle Upon Tyne is in very good condition we estimate a sale value of £111,644 and rental value of £838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,884 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £106,327, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £523 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 Powdene House, Newcastle Upon Tyne within a radius of 380 metres over the last 2 years.
The most recent example is Flat 710, Vita Student , Westgate Road, Newcastle Upon Tyne, NE1 1TT, a Leasehold flat which sold for £145,023 in Sep 2019.
Read more about house prices in NE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pudding Chare, Newcastle Upon Tyne, NE1 has a total of 68 addresses. According to our analysis of all the public data, 1 Powdene House, Newcastle Upon Tyne is the 6th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in NE1.
1 Powdene House, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1 Powdene House, Newcastle Upon Tyne is Newcastle station which is 300 metres 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 Powdene House, Newcastle Upon Tyne, 78.2% of property is privately rented and 19.4% is socially 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 Powdene House, Newcastle Upon Tyne, 50.0% of residents are recorded as possessing school level qualifications and 57.4% 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 Powdene House, 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 Powdene House, Newcastle Upon Tyne, 0.5% 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 Powdene House, Newcastle Upon Tyne, there are an average of 0.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.