According to the public record, 208, Wills Mews, Newcastle Upon Tyne is a modern freehold house with 1,033 ft2 of internal area and sits on a 186 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.
208, Wills Mews, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated September 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 208 Wills Mews Newcastle Upon Tyne as £239,196 and the rental value as £1,323 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 208 Wills Mews Newcastle Upon Tyne has increased by £6,069 (2.5%) and its rental value has increased by £111 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 208, Wills Mews, Newcastle Upon Tyne is in very good condition we estimate a sale value of £251,156 and rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,452 and a rental value of £1,230 per month.
If you were able to purchase this property for the estimated value of £239,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,176 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, 208, Wills Mews, Newcastle Upon Tyne sits on a plot of 186m2.
We have plot size data on 14 out of 16 other houses in the postcode and 208, Wills Mews, Newcastle Upon Tyne sits on the 5th largest plot.
According to HM Land Registry, 208, Wills Mews, Newcastle Upon Tyne was last sold on 14 Oct 2022 for £205,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 208, Wills Mews, Newcastle Upon Tyne within a radius of 660 metres over the last 2 years.
The most recent example is 212, Wills Mews, Newcastle Upon Tyne, NE7 7RZ, a Freehold house which sold for £216,000 in Jul 2022.
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, 208, Wills Mews, Newcastle Upon Tyne is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE7.
208, Wills Mews, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2019.
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 208, 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 208, 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 208, 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 208, 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 208, 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 208, 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.