According to the public record, 4, Iris Walk, Newcastle Upon Tyne is a modern freehold house with 1,022 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Iris Walk, Sunniside, Newcastle Upon Tyne, NE16 is located in the borough of Gateshead within the NE16 postal district.
4, Iris Walk, Newcastle Upon Tyne has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 4 Iris Walk Newcastle Upon Tyne as £329,412 and the rental value as £1,529 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 4 Iris Walk Newcastle Upon Tyne has increased by £1,767 (0.5%) and its rental value has increased by £138 per month (9.0%).
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 4, Iris Walk, Newcastle Upon Tyne is in very good condition we estimate a sale value of £345,883 and rental value of £1,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,354 and a rental value of £1,422 per month.
If you were able to purchase this property for the estimated value of £329,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,619 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 data from HM Land Registry, 4, Iris Walk, Newcastle Upon Tyne sits on a plot of 218m2.
We have plot size data on 9 out of 10 other houses in the postcode and 4, Iris Walk, Newcastle Upon Tyne sits on the 6th largest plot.
According to HM Land Registry, 4, Iris Walk, Newcastle Upon Tyne was last sold on 17 Dec 2021 for £304,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Iris Walk, Newcastle Upon Tyne within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 3, Iris Walk, Newcastle Upon Tyne, NE16 5DB, a Freehold house which sold for £299,995 in Mar 2022.
Read more about house prices in NE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Walk, Sunniside, Newcastle Upon Tyne, NE16 has a total of 10 addresses. According to our analysis of all the public data, 4, Iris Walk, Newcastle Upon Tyne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in NE16.
4, Iris Walk, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 4, Iris Walk, Newcastle Upon Tyne is Dunston station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Iris Walk, Newcastle Upon Tyne, 48.3% of property is privately owned with a mortgage and 44.4% is privately owned outright.
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 4, Iris Walk, Newcastle Upon Tyne, 18.8% of residents are recorded as possessing school level qualifications and 45.3% 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 4, Iris Walk, Newcastle Upon Tyne, the average age was 43.3 and the most common age was 57.
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 4, Iris Walk, Newcastle Upon Tyne, 0.5% 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 4, Iris Walk, Newcastle Upon Tyne, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.