According to the public record, 40, Cardigan Terrace, Newcastle Upon Tyne is a period house with 1,732 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cardigan Terrace, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
40, Cardigan Terrace, Newcastle Upon Tyne has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2021.
We combine this information with public data 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 40 Cardigan Terrace Newcastle Upon Tyne as £295,582 and the rental value as £1,635 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 40 Cardigan Terrace Newcastle Upon Tyne has increased by £4,734 (1.6%) and its rental value has increased by £125 per month (7.7%).
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 40, Cardigan Terrace, Newcastle Upon Tyne is in very good condition we estimate a sale value of £310,361 and rental value of £1,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,892 and a rental value of £1,520 per month.
If you were able to purchase this property for the estimated value of £295,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,453 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, 40, Cardigan Terrace, Newcastle Upon Tyne sits on a plot of 101m2.
We have plot size data on 51 out of 59 other houses in the postcode and 40, Cardigan Terrace, Newcastle Upon Tyne sits on the 44th largest plot.
According to HM Land Registry, 40, Cardigan Terrace, Newcastle Upon Tyne was last sold on 29 Aug 1997 for £59,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cardigan Terrace, Newcastle Upon Tyne within a radius of 370 metres over the last 2 years.
The most recent example is 6, Heaton Grove, Newcastle Upon Tyne, NE6 5NN, a Freehold house which sold for £220,000 in Oct 2023.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cardigan Terrace, Newcastle Upon Tyne, NE6 has a total of 134 addresses. According to our analysis of all the public data, 40, Cardigan Terrace, Newcastle Upon Tyne is the 9th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in NE6.
40, Cardigan Terrace, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2021.
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 40, Cardigan Terrace, Newcastle Upon Tyne is Manors 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 40, Cardigan Terrace, Newcastle Upon Tyne, 41.6% of property is privately rented and 30.4% 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 40, Cardigan Terrace, Newcastle Upon Tyne, 44.1% of residents are recorded as possessing school level qualifications and 52.8% 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 40, Cardigan Terrace, 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 40, Cardigan Terrace, 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 40, Cardigan Terrace, 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.