According to the public record, 1 Rede House, Newcastle Upon Tyne is a mid-century apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rede House, Brierley Gardens, Otterburn, Newcastle Upon Tyne, NE19.
Brierley Gardens, Otterburn, Newcastle Upon Tyne, NE19 is located within the NE19 postal district.
1 Rede House, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated March 2018.
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 Rede House Newcastle Upon Tyne as £38,178 and the rental value as £264 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 1 Rede House Newcastle Upon Tyne has increased by £469 (1.2%) and its rental value has increased by £25 per month (9.6%).
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 Rede House, Newcastle Upon Tyne is in very good condition we estimate a sale value of £40,087 and rental value of £277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £35,506 and a rental value of £246 per month.
If you were able to purchase this property for the estimated value of £38,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £188 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 property sales within a 14.0 kilometres radius of 1 Rede House, Newcastle Upon Tyne over the last 2 years.
The most recent example is The Vicarage, Newcastle Upon Tyne, NE19 1NP, a Freehold house which sold for £463,000 in Jan 2022.
Read more about house prices in NE19.
Brierley Gardens, Otterburn, Newcastle Upon Tyne, NE19 has a total of 74 addresses. According to our analysis of all the public data, 1 Rede House, Newcastle Upon Tyne is the 51st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £282k less expensive than the average property in NE19.
1 Rede House, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2018.
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 Rede House, Newcastle Upon Tyne is Haydon Bridge station which is 29.0 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 Rede House, Newcastle Upon Tyne, 47.8% of property is socially rented and 25.4% is privately owned outright.
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 Rede House, Newcastle Upon Tyne, 12.1% of residents are recorded as possessing school level qualifications and 16.8% 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 Rede House, Newcastle Upon Tyne, the average age was 48.4 and the most common age was 62.
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 Rede House, 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 Rede House, Newcastle Upon Tyne, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.