According to the public record, 34, Chesterholm Avenue, Newcastle Upon Tyne is a modern freehold house with 807 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chesterholm Avenue, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
34, Chesterholm Avenue, Newcastle Upon Tyne has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated April 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 good condition, we estimate the current sale value for 34 Chesterholm Avenue Newcastle Upon Tyne as £181,759 and the rental value as £1,045 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 34 Chesterholm Avenue Newcastle Upon Tyne has increased by £3,028 (1.7%) and its rental value has increased by £98 per month (9.4%).
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 34, Chesterholm Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £190,847 and rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,036 and a rental value of £972 per month.
If you were able to purchase this property for the estimated value of £181,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £893 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, 34, Chesterholm Avenue, Newcastle Upon Tyne was last sold on 29 Apr 2022 for £164,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Chesterholm Avenue, Newcastle Upon Tyne within a radius of 850 metres over the last 2 years.
The most recent example is 32, Chesterholm Avenue, Newcastle Upon Tyne, NE15 6DG, a Freehold house which sold for £164,995 in Apr 2022.
Read more about house prices in NE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chesterholm Avenue, Newcastle Upon Tyne, NE15 has a total of 59 addresses. According to our analysis of all the public data, 34, Chesterholm Avenue, Newcastle Upon Tyne is the 44th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in NE15.
34, Chesterholm Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 34, Chesterholm Avenue, Newcastle Upon Tyne is MetroCentre station which is 1.3 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 34, Chesterholm Avenue, Newcastle Upon Tyne, 82.1% of property is privately rented and 9.5% 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 34, Chesterholm Avenue, Newcastle Upon Tyne, 74.4% of residents are recorded as possessing school level qualifications and 36.0% 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 34, Chesterholm Avenue, Newcastle Upon Tyne, the average age was 39.1 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 34, Chesterholm Avenue, Newcastle Upon Tyne, 0.2% 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 34, Chesterholm Avenue, Newcastle Upon Tyne, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.