According to the public record, 60, Redcar Road, Newcastle Upon Tyne is a early-century freehold house with 816 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redcar Road, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
60, Redcar Road, Newcastle Upon Tyne has a single entry in the Land Registry database from May 2012 and a single entry in the EPC database dated February 2012.
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 60 Redcar Road Newcastle Upon Tyne as £232,739 and the rental value as £1,311 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 60 Redcar Road Newcastle Upon Tyne has increased by £6,971 (3.0%) and its rental value has increased by £114 per month (8.7%).
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 60, Redcar Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £244,376 and rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,448 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £232,739, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,144 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, 60, Redcar Road, Newcastle Upon Tyne sits on a plot of 288m2.
We have plot size data on 12 out of 26 other houses in the postcode and 60, Redcar Road, Newcastle Upon Tyne sits on the 10th largest plot.
According to HM Land Registry, 60, Redcar Road, Newcastle Upon Tyne was last sold on 18 May 2012 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Redcar Road, Newcastle Upon Tyne within a radius of 520 metres over the last 2 years.
The most recent example is 25, Craythorne Gardens, Newcastle Upon Tyne, NE6 5UJ, a Leasehold house which sold for £252,000 in Oct 2023.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redcar Road, Newcastle Upon Tyne, NE6 has a total of 42 addresses. According to our analysis of all the public data, 60, Redcar Road, Newcastle Upon Tyne is the 24th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in NE6.
60, Redcar Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Feb 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 60, Redcar Road, Newcastle Upon Tyne is Manors station which is 3.2 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 60, Redcar Road, Newcastle Upon Tyne, 43.8% of property is privately owned outright and 33.0% 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 60, Redcar Road, Newcastle Upon Tyne, 15.0% of residents are recorded as possessing school level qualifications and 42.7% 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 60, Redcar Road, Newcastle Upon Tyne, the average age was 42 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 60, Redcar Road, Newcastle Upon Tyne, 0.8% 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 60, Redcar Road, Newcastle Upon Tyne, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.