According to the public record, 116, Helmsley Road, Newcastle Upon Tyne is a period apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Helmsley Road, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
116, Helmsley Road, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated October 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 116 Helmsley Road Newcastle Upon Tyne as £162,341 and the rental value as £1,148 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 116 Helmsley Road Newcastle Upon Tyne has increased by £3,724 (2.3%) and its rental value has increased by £102 per month (8.9%).
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 116, Helmsley Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £170,458 and rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,977 and a rental value of £1,068 per month.
If you were able to purchase this property for the estimated value of £162,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £798 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 116, Helmsley Road, Newcastle Upon Tyne within a radius of 370 metres over the last 2 years.
The most recent example is 140, Helmsley Road, Newcastle Upon Tyne, NE2 1RE, a Leasehold flat which sold for £153,000 in May 2022.
Read more about house prices in NE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Helmsley Road, Newcastle Upon Tyne, NE2 has a total of 212 addresses. According to our analysis of all the public data, 116, Helmsley Road, Newcastle Upon Tyne is the 89th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in NE2.
116, Helmsley Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 116, Helmsley Road, Newcastle Upon Tyne is Manors station which is 1.0 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 116, Helmsley Road, Newcastle Upon Tyne, 73.5% of property is privately rented and 11.6% 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 116, Helmsley Road, Newcastle Upon Tyne, 61.7% of residents are recorded as possessing school level qualifications and 46.5% 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 116, Helmsley Road, 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 116, Helmsley Road, Newcastle Upon Tyne, 0.4% 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 116, Helmsley Road, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.