According to the public record, 8, Vallum Way, Newcastle Upon Tyne is a mid-century freehold house with 914 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vallum Way, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
8, Vallum Way, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in May 2017 and a single entry in the EPC database dated November 2016.
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 Vallum Way Newcastle Upon Tyne as £133,285 and the rental value as £837 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 8 Vallum Way Newcastle Upon Tyne has increased by £5,358 (4.0%) and its rental value has increased by £89 per month (10.6%).
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, Vallum Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £139,950 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,955 and a rental value of £779 per month.
If you were able to purchase this property for the estimated value of £133,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £655 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, Vallum Way, Newcastle Upon Tyne sits on a plot of 136m2.
We have plot size data on 10 out of 23 other houses in the postcode and 8, Vallum Way, Newcastle Upon Tyne sits on the 7th largest plot.
According to HM Land Registry, 8, Vallum Way, Newcastle Upon Tyne was last sold on 04 May 2017 for £119,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Vallum Way, Newcastle Upon Tyne within a radius of 380 metres over the last 2 years.
The most recent example is 19, Cookson Close, Newcastle Upon Tyne, NE4 5RY, a Freehold house which sold for £150,000 in Oct 2023.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vallum Way, Newcastle Upon Tyne, NE4 has a total of 28 addresses. According to our analysis of all the public data, 8, Vallum Way, Newcastle Upon Tyne is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE4.
8, Vallum Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2016.
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, Vallum Way, Newcastle Upon Tyne is Newcastle station which is 1.1 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 8, Vallum Way, Newcastle Upon Tyne, 78.8% of property is socially rented and 11.9% is privately 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 8, Vallum Way, Newcastle Upon Tyne, 30.7% of residents are recorded as possessing school level qualifications and 31.1% 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 8, Vallum Way, 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 8, Vallum Way, Newcastle Upon Tyne, 0.0% 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, Vallum Way, 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.