According to the public record, 42, Wellington Street, Newcastle Upon Tyne is a period house with 678 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Wellington Street, Lemington, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
42, Wellington Street, Newcastle Upon Tyne has no records in the Land Registry database and no records in the EPC database.
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 42 Wellington Street Newcastle Upon Tyne as £86,851 and the rental value as £588 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 42 Wellington Street Newcastle Upon Tyne has increased by £1,728 (2.0%) and its rental value has increased by £61 per month (10.4%).
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, Wellington Street, Newcastle Upon Tyne is in very good condition we estimate a sale value of £91,194 and rental value of £617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,772 and a rental value of £547 per month.
If you were able to purchase this property for the estimated value of £86,851, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £427 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, Wellington Street, Newcastle Upon Tyne sits on a plot of 107m2.
We have plot size data on 27 out of 32 other houses in the postcode and 42, Wellington Street, 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 42, Wellington Street, Newcastle Upon Tyne within a radius of 44m over the last 2 years.
The most recent example is 60, Wellington Street, Newcastle Upon Tyne, NE15 8RH, a Freehold house which sold for £80,000 in Nov 2022.
Read more about house prices in NE15.
Wellington Street, Lemington, Newcastle Upon Tyne, NE15 has a total of 50 addresses. According to our analysis of all the public data, 42, Wellington Street, Newcastle Upon Tyne is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE15.
42, Wellington Street, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 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 42, Wellington Street, Newcastle Upon Tyne is Blaydon station which is 1.3 km 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, Wellington Street, Newcastle Upon Tyne, 39.2% of property is privately owned outright and 33.3% 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, Wellington Street, Newcastle Upon Tyne, 10.5% of residents are recorded as possessing school level qualifications and 26.9% 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, Wellington Street, Newcastle Upon Tyne, the average age was 41.4 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, Wellington Street, 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 42, Wellington Street, Newcastle Upon Tyne, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.