According to the public record, 193, Middle Street, Newcastle Upon Tyne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 794 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Middle Street, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
193, Middle Street, Newcastle Upon Tyne has a single entry in the Land Registry database from February 2011 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 193 Middle Street Newcastle Upon Tyne as £71,198 and the rental value as £546 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 193 Middle Street Newcastle Upon Tyne has increased by £2,551 (3.6%) and its rental value has increased by £52 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 193, Middle Street, Newcastle Upon Tyne is in very good condition we estimate a sale value of £74,758 and rental value of £573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,214 and a rental value of £508 per month.
If you were able to purchase this property for the estimated value of £71,198, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £350 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, 193, Middle Street, Newcastle Upon Tyne was last sold on 25 Feb 2011 for £67,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 193, Middle Street, Newcastle Upon Tyne within a radius of 440 metres over the last 2 years.
The most recent example is 717, Welbeck Road, Newcastle Upon Tyne, NE6 4JN, a Leasehold flat which sold for £78,000 in May 2024.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middle Street, Newcastle Upon Tyne, NE6 has a total of 98 addresses. According to our analysis of all the public data, 193, Middle Street, Newcastle Upon Tyne is the 44th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in NE6.
The closest station to 193, Middle Street, Newcastle Upon Tyne is Heworth station which is 2.8 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 193, Middle Street, Newcastle Upon Tyne, 44.7% of property is socially rented and 25.8% is privately 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 193, Middle Street, Newcastle Upon Tyne, 15.8% of residents are recorded as possessing school level qualifications and 23.0% 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 193, Middle Street, Newcastle Upon Tyne, the average age was 42.6 and the most common age was 57.
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 193, Middle Street, 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 193, Middle Street, Newcastle Upon Tyne, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.