According to the public record, 59, Newminster Road, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,385 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Newminster Road, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
59, Newminster Road, Newcastle Upon Tyne has 2 entries in the Land Registry database, most recently in July 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 59 Newminster Road Newcastle Upon Tyne as £258,390 and the rental value as £1,239 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 59 Newminster Road Newcastle Upon Tyne has increased by £3,073 (1.2%) and its rental value has increased by £102 per month (8.2%).
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 59, Newminster Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £271,310 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,303 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £258,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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 HM Land Registry, 59, Newminster Road, Newcastle Upon Tyne was last sold on 22 Jul 2015 for £197,501 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Newminster Road, Newcastle Upon Tyne within a radius of 540 metres over the last 2 years.
The most recent example is 39, Two Ball Lonnen, Newcastle Upon Tyne, NE4 9RR, a Freehold house which sold for £312,000 in Nov 2021.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newminster Road, Newcastle Upon Tyne, NE4 has a total of 135 addresses. According to our analysis of all the public data, 59, Newminster Road, Newcastle Upon Tyne is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in NE4.
The closest station to 59, Newminster Road, Newcastle Upon Tyne is MetroCentre station which is 2.4 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 59, Newminster Road, Newcastle Upon Tyne, 39.2% of property is privately owned with a mortgage and 37.7% 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 59, Newminster Road, Newcastle Upon Tyne, 20.7% of residents are recorded as possessing school level qualifications and 29.6% 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 59, Newminster Road, Newcastle Upon Tyne, the average age was 38.5 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 59, Newminster Road, 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 59, Newminster Road, 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.