According to the public record, 14, Bishops Avenue, Newcastle Upon Tyne is a period apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Bishops Avenue, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
14, Bishops Avenue, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
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 14 Bishops Avenue Newcastle Upon Tyne as £76,636 and the rental value as £581 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 14 Bishops Avenue Newcastle Upon Tyne has increased by £2,206 (2.9%) and its rental value has increased by £55 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 14, Bishops Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £80,467 and rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,271 and a rental value of £541 per month.
If you were able to purchase this property for the estimated value of £76,636, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £377 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 14, Bishops Avenue, Newcastle Upon Tyne within a radius of 380 metres over the last 2 years.
The most recent example is First Floor Flat, 6, Bentinck Villas, Newcastle Upon Tyne, NE4 6UR, a Leasehold flat which sold for £120,000 in Nov 2022.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Avenue, Newcastle Upon Tyne, NE4 has a total of 28 addresses. According to our analysis of all the public data, 14, Bishops Avenue, Newcastle Upon Tyne is the 7th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in NE4.
14, Bishops Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2020.
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 14, Bishops Avenue, Newcastle Upon Tyne is Newcastle station which is 1.6 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 14, Bishops Avenue, Newcastle Upon Tyne, 73.6% of property is privately rented and 17.0% 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 14, Bishops Avenue, Newcastle Upon Tyne, 45.7% of residents are recorded as possessing school level qualifications and 51.7% 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 14, Bishops Avenue, 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 14, Bishops Avenue, 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 14, Bishops Avenue, Newcastle Upon Tyne, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.