According to the public record, 35, Ovington Grove, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 883 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Ovington Grove, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
35, Ovington Grove, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 35 Ovington Grove Newcastle Upon Tyne as £158,527 and the rental value as £990 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 35 Ovington Grove Newcastle Upon Tyne has increased by £3,561 (2.2%) and its rental value has increased by £93 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 35, Ovington Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £166,453 and rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,430 and a rental value of £921 per month.
If you were able to purchase this property for the estimated value of £158,527, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £779 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, 35, Ovington Grove, Newcastle Upon Tyne was last sold on 09 Jan 2008 for £132,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2008, the market for similar properties has risen 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Ovington Grove, Newcastle Upon Tyne within a radius of 500 metres over the last 2 years.
The most recent example is 15, Ovington Grove, Newcastle Upon Tyne, NE5 2QA, a Freehold house which sold for £150,000 in Jun 2024.
Read more about house prices in NE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovington Grove, Newcastle Upon Tyne, NE5 has a total of 242 addresses. According to our analysis of all the public data, 35, Ovington Grove, Newcastle Upon Tyne is the 67th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in NE5.
The closest station to 35, Ovington Grove, Newcastle Upon Tyne is MetroCentre station which is 2.7 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 35, Ovington Grove, Newcastle Upon Tyne, 33.6% of property is privately owned outright and 33.6% 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 35, Ovington Grove, Newcastle Upon Tyne, 22.1% of residents are recorded as possessing school level qualifications and 34.7% 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 35, Ovington Grove, Newcastle Upon Tyne, the average age was 38.5 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 35, Ovington Grove, Newcastle Upon Tyne, 0.3% 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 35, Ovington Grove, Newcastle Upon Tyne, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.