According to the public record, 6, Milvain Avenue, Newcastle Upon Tyne is a early-century freehold house with 957 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Milvain Avenue, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
6, Milvain Avenue, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated March 2010.
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 6 Milvain Avenue Newcastle Upon Tyne as £171,957 and the rental value as £1,014 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 6 Milvain Avenue Newcastle Upon Tyne has increased by £4,489 (2.6%) and its rental value has increased by £95 per month (9.3%).
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 6, Milvain Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £180,555 and rental value of £1,065 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,920 and a rental value of £943 per month.
If you were able to purchase this property for the estimated value of £171,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £845 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, 6, Milvain Avenue, Newcastle Upon Tyne sits on a plot of 290m2.
We have plot size data on 22 out of 28 other houses in the postcode and 6, Milvain Avenue, Newcastle Upon Tyne sits on the 2nd largest plot.
According to HM Land Registry, 6, Milvain Avenue, Newcastle Upon Tyne was last sold on 13 Aug 2010 for £131,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2010, the market for similar properties has risen 33.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Milvain Avenue, Newcastle Upon Tyne within a radius of 400 metres over the last 2 years.
The most recent example is 8, Gowland Avenue, Newcastle Upon Tyne, NE4 9NH, a Freehold house which sold for £185,000 in Feb 2023.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milvain Avenue, Newcastle Upon Tyne, NE4 has a total of 57 addresses. According to our analysis of all the public data, 6, Milvain Avenue, Newcastle Upon Tyne is the 46th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in NE4.
6, Milvain Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2010.
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 6, Milvain Avenue, Newcastle Upon Tyne is MetroCentre station which is 2.2 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 6, Milvain Avenue, Newcastle Upon Tyne, 38.8% of property is privately rented and 31.0% 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 6, Milvain Avenue, Newcastle Upon Tyne, 35.9% of residents are recorded as possessing school level qualifications and 30.8% 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 6, Milvain Avenue, Newcastle Upon Tyne, the average age was 30.9 and the most common age was 22.
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 6, Milvain Avenue, Newcastle Upon Tyne, 0.3% 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 6, Milvain Avenue, Newcastle Upon Tyne, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.