According to the public record, 202, Wills Mews, Newcastle Upon Tyne is a modern freehold house with 1,065 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wills Mews, Newcastle Upon Tyne, NE7 is located in the borough of Newcastle upon Tyne within the NE7 postal district.
202, Wills Mews, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated February 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 202 Wills Mews Newcastle Upon Tyne as £242,853 and the rental value as £1,330 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 202 Wills Mews Newcastle Upon Tyne has increased by £6,161 (2.5%) and its rental value has increased by £112 per month (8.4%).
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 202, Wills Mews, Newcastle Upon Tyne is in very good condition we estimate a sale value of £254,995 and rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,853 and a rental value of £1,237 per month.
If you were able to purchase this property for the estimated value of £242,853, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,194 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, 202, Wills Mews, Newcastle Upon Tyne sits on a plot of 140m2.
We have plot size data on 14 out of 16 other houses in the postcode and 202, Wills Mews, Newcastle Upon Tyne sits on the 11th largest plot.
According to HM Land Registry, 202, Wills Mews, Newcastle Upon Tyne was last sold on 21 Apr 2020 for £210,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2020, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 202, Wills Mews, Newcastle Upon Tyne within a radius of 670 metres over the last 2 years.
The most recent example is 7, Garstin Close, Newcastle Upon Tyne, NE7 7FJ, a Freehold house which sold for £222,500 in Sep 2023.
Read more about house prices in NE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wills Mews, Newcastle Upon Tyne, NE7 has a total of 16 addresses. According to our analysis of all the public data, 202, Wills Mews, Newcastle Upon Tyne is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in NE7.
202, Wills Mews, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 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 202, Wills Mews, Newcastle Upon Tyne is Manors station which is 3.7 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 202, Wills Mews, Newcastle Upon Tyne, 51.8% of property is privately rented and 22.8% 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 202, Wills Mews, Newcastle Upon Tyne, 10.6% of residents are recorded as possessing school level qualifications and 69.8% 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 202, Wills Mews, 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 202, Wills Mews, Newcastle Upon Tyne, 1.6% 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 202, Wills Mews, Newcastle Upon Tyne, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.