According to the public record, 33, Seventh Avenue, Newcastle Upon Tyne is a period leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
Seventh Avenue, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
33, Seventh Avenue, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated February 2022.
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 33 Seventh Avenue Newcastle Upon Tyne as £188,102 and the rental value as £1,339 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 33 Seventh Avenue Newcastle Upon Tyne has increased by £8,530 (4.5%) and its rental value has increased by £138 per month (10.3%).
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 33, Seventh Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £197,508 and rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,935 and a rental value of £1,245 per month.
If you were able to purchase this property for the estimated value of £188,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £924 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, 33, Seventh Avenue, Newcastle Upon Tyne was last sold on 20 May 2022 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Seventh Avenue, Newcastle Upon Tyne within a radius of 340 metres over the last 2 years.
The most recent example is 31, Spencer Street, Newcastle Upon Tyne, NE6 5BY, a Leasehold flat which sold for £180,000 in Jun 2024.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seventh Avenue, Newcastle Upon Tyne, NE6 has a total of 53 addresses. According to our analysis of all the public data, 33, Seventh Avenue, Newcastle Upon Tyne is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in NE6.
33, Seventh Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2022.
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 33, Seventh Avenue, Newcastle Upon Tyne is Manors station which is 2.1 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 33, Seventh Avenue, Newcastle Upon Tyne, 48.3% of property is privately rented and 32.2% is socially rented.
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 33, Seventh Avenue, Newcastle Upon Tyne, 28.3% of residents are recorded as possessing school level qualifications and 53.7% 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 33, Seventh Avenue, Newcastle Upon Tyne, the average age was 33.9 and the most common age was 22.
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 33, Seventh Avenue, Newcastle Upon Tyne, 0.0% 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 33, Seventh Avenue, Newcastle Upon Tyne, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.