According to the public record, 58, Broadmead Way, Newcastle Upon Tyne is a modern house with 538 ft2 of internal area and sits on a 11,979 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Broadmead Way, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
58, Broadmead Way, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated April 2018.
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 58 Broadmead Way Newcastle Upon Tyne as £88,172 and the rental value as £600 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 58 Broadmead Way Newcastle Upon Tyne has increased by £2,478 (2.8%) and its rental value has increased by £65 per month (10.8%).
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 58, Broadmead Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £92,581 and rental value of £630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,000 and a rental value of £558 per month.
If you were able to purchase this property for the estimated value of £88,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £433 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, 58, Broadmead Way, Newcastle Upon Tyne sits on a plot of 11979m2.
We have plot size data on 17 out of 35 other houses in the postcode and 58, Broadmead Way, Newcastle Upon Tyne sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 58, Broadmead Way, Newcastle Upon Tyne within a radius of 580 metres over the last 2 years.
The most recent example is 3, Howlett Hall Road, Newcastle Upon Tyne, NE15 7HS, a Freehold house which sold for £97,000 in Jan 2023.
Read more about house prices in NE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadmead Way, Newcastle Upon Tyne, NE15 has a total of 58 addresses. According to our analysis of all the public data, 58, Broadmead Way, Newcastle Upon Tyne is the 54th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in NE15.
58, Broadmead Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 58, Broadmead Way, Newcastle Upon Tyne is Blaydon station which is 2.0 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 58, Broadmead Way, Newcastle Upon Tyne, 83.5% of property is socially rented and 5.9% is privately owned outright.
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 58, Broadmead Way, Newcastle Upon Tyne, 24.5% of residents are recorded as possessing school level qualifications and 11.7% 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 58, Broadmead Way, Newcastle Upon Tyne, the average age was 39.1 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 58, Broadmead Way, 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 58, Broadmead Way, Newcastle Upon Tyne, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.