According to the public record, 2 Reservoir Cottages, Newcastle Upon Tyne is a period freehold house and with 1,388 ft2 of internal area and sits on a 3,571 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Catcleugh, Newcastle Upon Tyne, NE19 is located within the NE19 postal district.
2 Reservoir Cottages, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in February 2017 and no records in the EPC database.
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 Reservoir Cottages Newcastle Upon Tyne as £314,495 and the rental value as £1,308 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Reservoir Cottages Newcastle Upon Tyne has increased by £3,455 (1.1%) and its rental value has increased by £123 per month (9.4%).
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 2 Reservoir Cottages, Newcastle Upon Tyne is in very good condition we estimate a sale value of £330,220 and rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,480 and a rental value of £1,216 per month.
If you were able to purchase this property for the estimated value of £314,495, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,546 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, 2 Reservoir Cottages, Newcastle Upon Tyne sits on a plot of 3571m2.
We have plot size data on 2 out of 5 other houses in the postcode and 2 Reservoir Cottages, Newcastle Upon Tyne sits on the 2nd largest plot.
According to HM Land Registry, 2 Reservoir Cottages, Newcastle Upon Tyne was last sold on 10 Feb 2017 for £249,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2017, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Reservoir Cottages, Newcastle Upon Tyne within a radius of 17.0km over the last 2 years.
The most recent example is East Cottage, Hexham, NE48 1DD, a Freehold house which sold for £287,000 in Nov 2023.
Read more about house prices in NE19.
Catcleugh, Newcastle Upon Tyne, NE19 has a total of 10 addresses. According to our analysis of all the public data, 2 Reservoir Cottages, Newcastle Upon Tyne is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in NE19.
2 Reservoir Cottages, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 2 Reservoir Cottages, Newcastle Upon Tyne is Tweedbank station which is 38.6 km 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 Reservoir Cottages, Newcastle Upon Tyne, 37.8% of property is privately owned outright and 26.4% 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 2 Reservoir Cottages, Newcastle Upon Tyne, 14.0% of residents are recorded as possessing school level qualifications and 27.3% 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 Reservoir Cottages, Newcastle Upon Tyne, the average age was 48.4 and the most common age was 62.
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 Reservoir Cottages, Newcastle Upon Tyne, 0.6% 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 Reservoir Cottages, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.