According to the public record, 173, Ovington Grove, Newcastle Upon Tyne is a leasehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 947 ft2 of internal area and sits on a 226 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Ovington Grove, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
173, Ovington Grove, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in July 2006 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 173 Ovington Grove Newcastle Upon Tyne as £150,083 and the rental value as £969 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 173 Ovington Grove Newcastle Upon Tyne has increased by £4,309 (2.9%) and its rental value has increased by £96 per month (9.9%).
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 173, Ovington Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £157,587 and rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,577 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £150,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £738 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, 173, Ovington Grove, Newcastle Upon Tyne sits on a plot of 226m2.
We have plot size data on 5 out of 10 other houses in the postcode and 173, Ovington Grove, Newcastle Upon Tyne sits on the 7th largest plot.
According to HM Land Registry, 173, Ovington Grove, Newcastle Upon Tyne was last sold on 21 Jul 2006 for £91,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 173, Ovington Grove, Newcastle Upon Tyne within a radius of 470 metres over the last 2 years.
The most recent example is 16, Harnham Gardens, Newcastle Upon Tyne, NE5 2HX, a Freehold house which sold for £132,000 in Jun 2024.
Read more about house prices in NE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovington Grove, Newcastle Upon Tyne, NE5 has a total of 242 addresses. According to our analysis of all the public data, 173, Ovington Grove, Newcastle Upon Tyne is the 54th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in NE5.
173, Ovington Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2016.
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 173, Ovington Grove, Newcastle Upon Tyne is MetroCentre station which is 3.2 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 173, Ovington Grove, Newcastle Upon Tyne, 64.9% of property is privately rented and 20.5% 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 173, Ovington Grove, Newcastle Upon Tyne, 21.8% of residents are recorded as possessing school level qualifications and 31.4% 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 173, Ovington Grove, Newcastle Upon Tyne, the average age was 36.3 and the most common age was 37.
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 173, Ovington Grove, 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 173, Ovington Grove, 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.