According to the public record, 8, The Drive, Newcastle Upon Tyne is a early-century freehold house and with 1,948 ft2 of internal area and sits on a 354 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Drive, Longbenton, Newcastle Upon Tyne, NE7 is located in the borough of Newcastle upon Tyne within the NE7 postal district.
8, The Drive, Newcastle Upon Tyne has 2 entries in the Land Registry database, most recently in March 2023 and no records in the EPC database.
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 8 The Drive Newcastle Upon Tyne as £430,978 and the rental value as £1,920 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 The Drive Newcastle Upon Tyne has increased by £5,756 (1.3%) and its rental value has increased by £149 per month (7.8%).
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 8, The Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £452,527 and rental value of £2,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,809 and a rental value of £1,786 per month.
If you were able to purchase this property for the estimated value of £430,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,118 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, 8, The Drive, Newcastle Upon Tyne sits on a plot of 354m2.
We have plot size data on 23 out of 46 other houses in the postcode and 8, The Drive, Newcastle Upon Tyne sits on the 22nd largest plot.
According to HM Land Registry, 8, The Drive, Newcastle Upon Tyne was last sold on 10 Mar 2023 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Drive, Newcastle Upon Tyne within a radius of 168m over the last 2 years.
The most recent example is 20, The Drive, Newcastle Upon Tyne, NE7 7SY, a Freehold house which sold for £397,000 in Nov 2023.
Read more about house prices in NE7.
The Drive, Longbenton, Newcastle Upon Tyne, NE7 has a total of 47 addresses. According to our analysis of all the public data, 8, The Drive, Newcastle Upon Tyne is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £253k more expensive than the average property in NE7.
8, The Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2018.
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 8, The Drive, Newcastle Upon Tyne is Manors station which is 4.0 km 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 8, The Drive, Newcastle Upon Tyne, 57.7% of property is privately owned outright and 35.0% 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 8, The Drive, Newcastle Upon Tyne, 22.5% of residents are recorded as possessing school level qualifications and 50.9% 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 8, The Drive, Newcastle Upon Tyne, the average age was 41.2 and the most common age was 37.
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 8, The Drive, Newcastle Upon Tyne, 2.2% 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 8, The Drive, 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.