According to the public record, 2, Martello Gardens, Newcastle Upon Tyne is a early-century freehold house with 1,216 ft2 of internal area and sits on a 284 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Martello Gardens, Newcastle Upon Tyne, NE7 is located in the borough of Newcastle upon Tyne within the NE7 postal district.
2, Martello Gardens, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated September 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 2 Martello Gardens Newcastle Upon Tyne as £329,521 and the rental value as £1,515 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Martello Gardens Newcastle Upon Tyne has increased by £6,959 (2.1%) and its rental value has increased by £121 per month (8.0%).
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, Martello Gardens, Newcastle Upon Tyne is in very good condition we estimate a sale value of £345,997 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,455 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £329,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,619 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, Martello Gardens, Newcastle Upon Tyne sits on a plot of 284m2.
We have plot size data on 10 out of 30 other houses in the postcode and 2, Martello Gardens, Newcastle Upon Tyne sits on the largest plot.
According to HM Land Registry, 2, Martello Gardens, Newcastle Upon Tyne was last sold on 29 Jan 2014 for £190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Martello Gardens, Newcastle Upon Tyne within a radius of 560 metres over the last 2 years.
The most recent example is 31, Cochrane Park Avenue, Newcastle Upon Tyne, NE7 7JU, a Freehold house which sold for £308,000 in Dec 2021.
Read more about house prices in NE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martello Gardens, Newcastle Upon Tyne, NE7 has a total of 48 addresses. According to our analysis of all the public data, 2, Martello Gardens, Newcastle Upon Tyne is the 12th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in NE7.
2, Martello Gardens, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 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 2, Martello Gardens, Newcastle Upon Tyne is Manors station which is 3.3 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, Martello Gardens, Newcastle Upon Tyne, 57.7% of property is privately owned outright and 33.3% 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 2, Martello Gardens, Newcastle Upon Tyne, 12.4% of residents are recorded as possessing school level qualifications and 31.6% 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, Martello Gardens, 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 2, Martello Gardens, Newcastle Upon Tyne, 1.0% 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, Martello Gardens, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.