According to the public record, 397, Chillingham Road, Newcastle Upon Tyne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 688 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Chillingham Road, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
397, Chillingham Road, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in August 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 397 Chillingham Road Newcastle Upon Tyne as £142,621 and the rental value as £1,012 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 397 Chillingham Road Newcastle Upon Tyne has increased by £6,104 (4.3%) and its rental value has increased by £101 per month (10.0%).
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 397, Chillingham Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £149,752 and rental value of £1,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,637 and a rental value of £941 per month.
If you were able to purchase this property for the estimated value of £142,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £701 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, 397, Chillingham Road, Newcastle Upon Tyne was last sold on 29 Aug 2008 for £98,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 397, Chillingham Road, Newcastle Upon Tyne within a radius of 450 metres over the last 2 years.
The most recent example is 451, Chillingham Road, Newcastle Upon Tyne, NE6 5QU, a Leasehold flat which sold for £150,000 in Oct 2023.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chillingham Road, Newcastle Upon Tyne, NE6 has a total of 290 addresses. According to our analysis of all the public data, 397, Chillingham Road, Newcastle Upon Tyne is the 215th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE6.
The closest station to 397, Chillingham Road, Newcastle Upon Tyne is Manors station which is 2.6 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 397, Chillingham Road, Newcastle Upon Tyne, 37.5% of property is privately owned with a mortgage and 30.8% is privately 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 397, Chillingham Road, Newcastle Upon Tyne, 20.4% of residents are recorded as possessing school level qualifications and 71.7% 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 397, Chillingham Road, 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 397, Chillingham Road, Newcastle Upon Tyne, 0.8% 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 397, Chillingham Road, Newcastle Upon Tyne, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.