According to the public record, 16, Sherfield Drive, Newcastle Upon Tyne is a mid-century freehold house with 807 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sherfield Drive, Newcastle Upon Tyne, NE7 is located in the borough of Newcastle upon Tyne within the NE7 postal district.
16, Sherfield Drive, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that 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 16 Sherfield Drive Newcastle Upon Tyne as £250,512 and the rental value as £1,307 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Sherfield Drive Newcastle Upon Tyne has increased by £6,356 (2.5%) and its rental value has increased by £110 per month (8.4%).
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 16, Sherfield Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £263,038 and rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,976 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £250,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,231 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 data from HM Land Registry, 16, Sherfield Drive, Newcastle Upon Tyne sits on a plot of 231m2.
We have plot size data on 32 out of 53 other houses in the postcode and 16, Sherfield Drive, Newcastle Upon Tyne sits on the 8th largest plot.
According to HM Land Registry, 16, Sherfield Drive, Newcastle Upon Tyne was last sold on 02 Dec 2015 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Sherfield Drive, Newcastle Upon Tyne within a radius of 600 metres over the last 2 years.
The most recent example is 35, Cochrane Park Avenue, Newcastle Upon Tyne, NE7 7JU, a Freehold house which sold for £225,000 in Mar 2023.
Read more about house prices in NE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherfield Drive, Newcastle Upon Tyne, NE7 has a total of 53 addresses. According to our analysis of all the public data, 16, Sherfield Drive, Newcastle Upon Tyne is the 49th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in NE7.
16, Sherfield Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2014.
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 16, Sherfield Drive, Newcastle Upon Tyne is Manors station which is 3.4 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 16, Sherfield Drive, Newcastle Upon Tyne, 47.3% of property is privately owned outright and 45.0% is privately owned with a mortgage.
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 16, Sherfield Drive, Newcastle Upon Tyne, 17.8% of residents are recorded as possessing school level qualifications and 40.8% 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 16, Sherfield Drive, Newcastle Upon Tyne, the average age was 42 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 16, Sherfield Drive, 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 16, Sherfield Drive, Newcastle Upon Tyne, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.