According to the public record, 129, Westbourne Avenue, Newcastle Upon Tyne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 714 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Westbourne Avenue, Walkergate, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
129, Westbourne Avenue, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in February 2018 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 129 Westbourne Avenue Newcastle Upon Tyne as £113,106 and the rental value as £890 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 129 Westbourne Avenue Newcastle Upon Tyne has increased by £4,098 (3.6%) and its rental value has increased by £84 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 129, Westbourne Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £118,761 and rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,188 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £113,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £556 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, 129, Westbourne Avenue, Newcastle Upon Tyne was last sold on 28 Feb 2018 for £78,129 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2018, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Westbourne Avenue, Newcastle Upon Tyne within a radius of 520 metres over the last 2 years.
The most recent example is 119, Westbourne Avenue, Newcastle Upon Tyne, NE6 4HP, a Leasehold flat which sold for £77,000 in Nov 2022.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westbourne Avenue, Walkergate, Newcastle Upon Tyne, NE6 has a total of 210 addresses. According to our analysis of all the public data, 129, Westbourne Avenue, Newcastle Upon Tyne is the 121st largest and the 116th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in NE6.
The closest station to 129, Westbourne Avenue, Newcastle Upon Tyne is Heworth station which is 3.3 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 129, Westbourne Avenue, Newcastle Upon Tyne, 33.1% of property is privately owned outright and 24.0% 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 129, Westbourne Avenue, Newcastle Upon Tyne, 15.8% of residents are recorded as possessing school level qualifications and 21.0% 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 129, Westbourne Avenue, Newcastle Upon Tyne, the average age was 39.1 and the most common age was 32.
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 129, Westbourne Avenue, Newcastle Upon Tyne, 0.8% 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 129, Westbourne Avenue, Newcastle Upon Tyne, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.