According to the public record, 224, Middle Drive, Newcastle Upon Tyne is a modern freehold house and with 5,069 ft2 of internal area and sits on a 2,782 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Middle Drive, Ponteland, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
224, Middle Drive, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in October 2018 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 224 Middle Drive Newcastle Upon Tyne as £1,137,032 and the rental value as £4,313 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 224 Middle Drive Newcastle Upon Tyne has increased by £1,964 (0.2%) and its rental value has increased by £214 per month (5.0%).
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 224, Middle Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £1,193,884 and rental value of £4,528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,057,440 and a rental value of £4,011 per month.
If you were able to purchase this property for the estimated value of £1,137,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,588 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, 224, Middle Drive, Newcastle Upon Tyne sits on a plot of 2782m2.
We have plot size data on 19 out of 29 other houses in the postcode and 224, Middle Drive, Newcastle Upon Tyne sits on the largest plot.
According to HM Land Registry, 224, Middle Drive, Newcastle Upon Tyne was last sold on 09 Oct 2018 for £1,010,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Middle Drive, Newcastle Upon Tyne within a radius of 636m over the last 2 years.
The most recent example is 109, Western Way, Newcastle Upon Tyne, NE20 9LY, a Freehold house which sold for £650,000 in Apr 2021.
Read more about house prices in NE20.
Middle Drive, Ponteland, Newcastle Upon Tyne, NE20 has a total of 171 addresses. According to our analysis of all the public data, 224, Middle Drive, Newcastle Upon Tyne is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £582k more expensive than the average property in NE20.
224, Middle Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 224, Middle Drive, Newcastle Upon Tyne is Wylam station which is 7.0 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 224, Middle Drive, Newcastle Upon Tyne, 53.8% of property is privately owned outright and 39.3% 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 224, Middle Drive, Newcastle Upon Tyne, 24.4% of residents are recorded as possessing school level qualifications and 48.3% 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 224, Middle Drive, Newcastle Upon Tyne, the average age was 46.3 and the most common age was 57.
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 224, Middle Drive, Newcastle Upon Tyne, 1.8% 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 224, Middle Drive, Newcastle Upon Tyne, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.