According to the public record, 3, Medburn Close, Newcastle Upon Tyne is a modern house with 3,100 ft2 of internal area and sits on a 949 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Medburn Close, Medburn, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
3, Medburn Close, Newcastle Upon Tyne has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 Medburn Close Newcastle Upon Tyne as £789,753 and the rental value as £3,257 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Medburn Close Newcastle Upon Tyne has decreased by £260 (0.0%) and its rental value has increased by £156 per month (4.8%).
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, Medburn Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £829,241 and rental value of £3,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £734,470 and a rental value of £3,029 per month.
If you were able to purchase this property for the estimated value of £789,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,881 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, 3, Medburn Close, Newcastle Upon Tyne sits on a plot of 949m2.
We have plot size data on 5 out of 6 other houses in the postcode and 3, Medburn Close, Newcastle Upon Tyne sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Medburn Close, Newcastle Upon Tyne within a radius of 403m over the last 2 years.
The most recent example is Richmond House, The Avenue, Newcastle Upon Tyne, NE20 0JD, a Freehold house which sold for £735,000 in May 2024.
Read more about house prices in NE20.
Medburn Close, Medburn, Newcastle Upon Tyne, NE20 has a total of 6 addresses. According to our analysis of all the public data, 3, Medburn Close, Newcastle Upon Tyne is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £235k more expensive than the average property in NE20.
3, Medburn Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Medburn Close, Newcastle Upon Tyne is Wylam station which is 6.5 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 3, Medburn Close, Newcastle Upon Tyne, 68.0% of property is privately owned outright and 27.1% 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, Medburn Close, Newcastle Upon Tyne, 17.8% of residents are recorded as possessing school level qualifications and 61.8% 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 3, Medburn Close, 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 3, Medburn Close, Newcastle Upon Tyne, 0.7% 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, Medburn Close, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.