According to the public record, 62, Shaftesbury Grove, Newcastle Upon Tyne is a early-century leasehold apartment with 684 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Shaftesbury Grove, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
62, Shaftesbury Grove, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in November 2011 and a single entry in the EPC database dated June 2011.
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 62 Shaftesbury Grove Newcastle Upon Tyne as £164,467 and the rental value as £1,057 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 62 Shaftesbury Grove Newcastle Upon Tyne has increased by £6,036 (3.7%) and its rental value has increased by £104 per month (9.9%).
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 62, Shaftesbury Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £172,690 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,954 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £164,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £808 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, 62, Shaftesbury Grove, Newcastle Upon Tyne was last sold on 25 Nov 2011 for £124,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2011, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Shaftesbury Grove, Newcastle Upon Tyne within a radius of 420 metres over the last 2 years.
The most recent example is 30, Shaftesbury Grove, Newcastle Upon Tyne, NE6 5JB, a Leasehold flat which sold for £176,900 in Aug 2023.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shaftesbury Grove, Newcastle Upon Tyne, NE6 has a total of 67 addresses. According to our analysis of all the public data, 62, Shaftesbury Grove, Newcastle Upon Tyne is the 63rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in NE6.
62, Shaftesbury Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2011.
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 62, Shaftesbury Grove, Newcastle Upon Tyne is Manors station which is 1.8 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 62, Shaftesbury Grove, Newcastle Upon Tyne, 49.1% of property is privately rented and 25.9% 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 62, Shaftesbury Grove, Newcastle Upon Tyne, 12.8% of residents are recorded as possessing school level qualifications and 60.1% 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 62, Shaftesbury Grove, 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 62, Shaftesbury Grove, Newcastle Upon Tyne, 0.5% 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 62, Shaftesbury Grove, 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.