According to the public record, 42, Cherrywood, Newcastle Upon Tyne is a modern freehold house with 1,108 ft2 of internal area and sits on a 284 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cherrywood, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
42, Cherrywood, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that 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 42 Cherrywood Newcastle Upon Tyne as £325,343 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 42 Cherrywood Newcastle Upon Tyne has increased by £9,234 (2.8%) and its rental value has increased by £131 per month (8.6%).
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 42, Cherrywood, Newcastle Upon Tyne is in very good condition we estimate a sale value of £341,610 and rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,569 and a rental value of £1,422 per month.
If you were able to purchase this property for the estimated value of £325,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,599 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, 42, Cherrywood, Newcastle Upon Tyne sits on a plot of 284m2.
We have plot size data on 24 out of 43 other houses in the postcode and 42, Cherrywood, Newcastle Upon Tyne sits on the 16th largest plot.
According to HM Land Registry, 42, Cherrywood, Newcastle Upon Tyne was last sold on 06 Apr 2023 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Cherrywood, Newcastle Upon Tyne within a radius of 750 metres over the last 2 years.
The most recent example is 43, Cherrywood, Newcastle Upon Tyne, NE6 4NW, a Freehold house which sold for £308,000 in Feb 2024.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrywood, Newcastle Upon Tyne, NE6 has a total of 43 addresses. According to our analysis of all the public data, 42, Cherrywood, Newcastle Upon Tyne is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in NE6.
42, Cherrywood, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2022.
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 42, Cherrywood, Newcastle Upon Tyne is Manors station which is 3.4 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 42, Cherrywood, Newcastle Upon Tyne, 47.4% of property is privately owned outright and 39.9% 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 42, Cherrywood, Newcastle Upon Tyne, 16.1% of residents are recorded as possessing school level qualifications and 27.5% 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 42, Cherrywood, Newcastle Upon Tyne, the average age was 42.6 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 42, Cherrywood, Newcastle Upon Tyne, 0.6% 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 42, Cherrywood, Newcastle Upon Tyne, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.