According to the public record, 36 Leazes Court, Newcastle Upon Tyne is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Leazes Court, Barrack Road, Newcastle Upon Tyne, NE4.
Barrack Road, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
36 Leazes Court, Newcastle Upon Tyne has 2 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated December 2012.
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 36 Leazes Court Newcastle Upon Tyne as £79,589 and the rental value as £547 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 36 Leazes Court Newcastle Upon Tyne has increased by £2,350 (3.0%) and its rental value has increased by £53 per month (9.6%).
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 36 Leazes Court, Newcastle Upon Tyne is in very good condition we estimate a sale value of £83,569 and rental value of £575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,018 and a rental value of £509 per month.
If you were able to purchase this property for the estimated value of £79,589, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £391 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, 36 Leazes Court, Newcastle Upon Tyne was last sold on 07 Aug 2020 for £88,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36 Leazes Court, Newcastle Upon Tyne within a radius of 470 metres over the last 2 years.
The most recent example is 50 Leazes Court, Barrack Road, Newcastle Upon Tyne, NE4 5AY, a Leasehold flat which sold for £85,000 in Apr 2022.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barrack Road, Newcastle Upon Tyne, NE4 has a total of 222 addresses. According to our analysis of all the public data, 36 Leazes Court, Newcastle Upon Tyne is the 164th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE4.
36 Leazes Court, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2012.
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 36 Leazes Court, Newcastle Upon Tyne is Newcastle station which is 1.5 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 36 Leazes Court, Newcastle Upon Tyne, 44.4% of property is socially rented and 31.7% 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 36 Leazes Court, Newcastle Upon Tyne, 20.1% of residents are recorded as possessing school level qualifications and 24.1% 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 36 Leazes Court, Newcastle Upon Tyne, the average age was 30.9 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 36 Leazes Court, 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 36 Leazes Court, Newcastle Upon Tyne, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.