According to the public record, 7, Beadnell Place, Newcastle Upon Tyne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 742 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Beadnell Place, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
7, Beadnell Place, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in April 2017 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 7 Beadnell Place Newcastle Upon Tyne as £149,635 and the rental value as £1,032 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 7 Beadnell Place Newcastle Upon Tyne has increased by £3,471 (2.3%) and its rental value has increased by £91 per month (8.8%).
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 7, Beadnell Place, Newcastle Upon Tyne is in very good condition we estimate a sale value of £157,116 and rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,160 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £149,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £735 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, 7, Beadnell Place, Newcastle Upon Tyne was last sold on 21 Apr 2017 for £105,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Beadnell Place, Newcastle Upon Tyne within a radius of 260 metres over the last 2 years.
The most recent example is 20, Napier Street, Newcastle Upon Tyne, NE2 1XJ, a Leasehold flat which sold for £155,000 in Sep 2023.
Read more about house prices in NE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beadnell Place, Newcastle Upon Tyne, NE2 has a total of 24 addresses. According to our analysis of all the public data, 7, Beadnell Place, Newcastle Upon Tyne is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in NE2.
The closest station to 7, Beadnell Place, Newcastle Upon Tyne is Manors station which is 500 metres 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 7, Beadnell Place, Newcastle Upon Tyne, 59.0% of property is privately rented and 32.8% is socially rented.
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 7, Beadnell Place, Newcastle Upon Tyne, 91.2% of residents are recorded as possessing school level qualifications and 26.4% 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 7, Beadnell Place, 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 7, Beadnell Place, 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 7, Beadnell Place, 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.