According to the public record, 2, Brinkburn Lane, Newcastle Upon Tyne is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brinkburn Lane, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
2, Brinkburn Lane, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated January 2019.
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 2 Brinkburn Lane Newcastle Upon Tyne as £53,596 and the rental value as £435 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 2 Brinkburn Lane Newcastle Upon Tyne has increased by £1,742 (3.3%) and its rental value has increased by £41 per month (9.3%).
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 2, Brinkburn Lane, Newcastle Upon Tyne is in very good condition we estimate a sale value of £56,276 and rental value of £457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,845 and a rental value of £405 per month.
If you were able to purchase this property for the estimated value of £53,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £263 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, 2, Brinkburn Lane, Newcastle Upon Tyne was last sold on 01 Mar 2016 for £47,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 430 metres radius of 2, Brinkburn Lane, Newcastle Upon Tyne over the last 2 years.
The most recent example is 1, Priory Green, Newcastle Upon Tyne, NE6 2DW, a Freehold house which sold for £62,000 in Jan 2024.
Read more about house prices in NE6.
Brinkburn Lane, Newcastle Upon Tyne, NE6 has a total of 10 addresses. According to our analysis of all the public data, 2, Brinkburn Lane, Newcastle Upon Tyne is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in NE6.
2, Brinkburn Lane, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 2, Brinkburn Lane, Newcastle Upon Tyne is Manors station which is 1.5 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 2, Brinkburn Lane, Newcastle Upon Tyne, 85.3% of property is socially rented and 7.1% 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 2, Brinkburn Lane, Newcastle Upon Tyne, 13.5% of residents are recorded as possessing school level qualifications and 17.7% 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 2, Brinkburn Lane, 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 2, Brinkburn Lane, 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 2, Brinkburn Lane, Newcastle Upon Tyne, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.