According to the public record, 40, Lesbury Road, Newcastle Upon Tyne is a period house with 2,066 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lesbury Road, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
40, Lesbury Road, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated March 2017.
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 Lesbury Road Newcastle Upon Tyne as £523,425 and the rental value as £2,287 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 40 Lesbury Road Newcastle Upon Tyne has increased by £11,199 (2.1%) and its rental value has increased by £178 per month (7.8%).
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, Lesbury Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £549,596 and rental value of £2,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,785 and a rental value of £2,127 per month.
If you were able to purchase this property for the estimated value of £523,425, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,572 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, Lesbury Road, Newcastle Upon Tyne sits on a plot of 214m2.
We have plot size data on 18 out of 44 other houses in the postcode and 40, Lesbury Road, Newcastle Upon Tyne sits on the 13th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lesbury Road, Newcastle Upon Tyne within a radius of 420 metres over the last 2 years.
The most recent example is 12, Sefton Avenue, Newcastle Upon Tyne, NE6 5QR, a Freehold house which sold for £436,000 in Feb 2024.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lesbury Road, Newcastle Upon Tyne, NE6 has a total of 49 addresses. According to our analysis of all the public data, 40, Lesbury Road, Newcastle Upon Tyne is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in NE6.
40, Lesbury Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Mar 2017.
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, Lesbury Road, Newcastle Upon Tyne is Manors station which is 2.3 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, Lesbury Road, Newcastle Upon Tyne, 55.4% of property is privately owned outright and 32.2% 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, Lesbury Road, Newcastle Upon Tyne, 24.2% of residents are recorded as possessing school level qualifications and 64.0% 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, Lesbury Road, Newcastle Upon Tyne, the average age was 42 and the most common age was 32.
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, Lesbury Road, Newcastle Upon Tyne, 2.7% 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, Lesbury Road, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.