According to the public record, 3, Greystoke Place, Newcastle Upon Tyne is a mid-century freehold house with 1,367 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Greystoke Place, Ponteland, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
3, Greystoke Place, Newcastle Upon Tyne has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated March 2023.
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 3 Greystoke Place Newcastle Upon Tyne as £491,941 and the rental value as £2,114 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 3 Greystoke Place Newcastle Upon Tyne has increased by £7,281 (1.5%) and its rental value has increased by £162 per month (7.7%).
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 3, Greystoke Place, Newcastle Upon Tyne is in very good condition we estimate a sale value of £516,538 and rental value of £2,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,505 and a rental value of £1,966 per month.
If you were able to purchase this property for the estimated value of £491,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,418 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 HM Land Registry, 3, Greystoke Place, Newcastle Upon Tyne was last sold on 30 Mar 2023 for £449,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Greystoke Place, Newcastle Upon Tyne within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 8, Somerville Road, Newcastle Upon Tyne, NE20 0FY, a Freehold house which sold for £485,950 in Mar 2023.
Read more about house prices in NE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greystoke Place, Ponteland, Newcastle Upon Tyne, NE20 has a total of 4 addresses. According to our analysis of all the public data, 3, Greystoke Place, Newcastle Upon Tyne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in NE20.
3, Greystoke Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to 3, Greystoke Place, Newcastle Upon Tyne is Morpeth station which is 7.8 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 3, Greystoke Place, Newcastle Upon Tyne, 46.0% of property is privately owned outright and 31.3% 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 3, Greystoke Place, Newcastle Upon Tyne, 15.1% of residents are recorded as possessing school level qualifications and 48.6% 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 3, Greystoke Place, Newcastle Upon Tyne, the average age was 44.7 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 3, Greystoke Place, Newcastle Upon Tyne, 2.6% 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 3, Greystoke Place, Newcastle Upon Tyne, there are an average of 1.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.