According to the public record, 4, Lumley Avenue, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,042 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lumley Avenue, Swalwell, Newcastle Upon Tyne, NE16 is located in the borough of Gateshead within the NE16 postal district.
4, Lumley Avenue, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in March 2007 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.
•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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Lumley Avenue Newcastle Upon Tyne as £192,092 and the rental value as £1,192 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 4 Lumley Avenue Newcastle Upon Tyne has increased by £3,479 (1.8%) and its rental value has increased by £123 per month (10.3%).
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, Lumley Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £201,697 and rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,646 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £192,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £944 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, 4, Lumley Avenue, Newcastle Upon Tyne was last sold on 23 Mar 2007 for £154,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Lumley Avenue, Newcastle Upon Tyne within a radius of 650 metres over the last 2 years.
The most recent example is 21, Lumley Avenue, Newcastle Upon Tyne, NE16 3EU, a Freehold house which sold for £142,000 in Nov 2020.
Read more about house prices in NE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lumley Avenue, Swalwell, Newcastle Upon Tyne, NE16 has a total of 24 addresses. According to our analysis of all the public data, 4, Lumley Avenue, Newcastle Upon Tyne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NE16.
The closest station to 4, Lumley Avenue, Newcastle Upon Tyne is MetroCentre station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Lumley Avenue, Newcastle Upon Tyne, 46.9% of property is privately owned outright and 38.5% 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 4, Lumley Avenue, Newcastle Upon Tyne, 12.2% of residents are recorded as possessing school level qualifications and 29.4% 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, Lumley Avenue, Newcastle Upon Tyne, the average age was 43.5 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, Lumley Avenue, Newcastle Upon Tyne, 1.4% 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, Lumley Avenue, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.