According to the public record, 83, Weardale Avenue, Newcastle Upon Tyne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 648 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Weardale Avenue, Walker, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
83, Weardale Avenue, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in February 2013 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 83 Weardale Avenue Newcastle Upon Tyne as £81,288 and the rental value as £632 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 83 Weardale Avenue Newcastle Upon Tyne has increased by £2,825 (3.5%) and its rental value has increased by £60 per month (9.5%).
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 83, Weardale Avenue, Newcastle Upon Tyne is in very good condition we estimate a sale value of £85,352 and rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,598 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £81,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £400 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, 83, Weardale Avenue, Newcastle Upon Tyne was last sold on 01 Feb 2013 for £53,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2013, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Weardale Avenue, Newcastle Upon Tyne within a radius of 530 metres over the last 2 years.
The most recent example is 54, Eastbourne Avenue, Newcastle Upon Tyne, NE6 4DT, a Leasehold flat which sold for £75,500 in Mar 2024.
Read more about house prices in NE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weardale Avenue, Walker, Newcastle Upon Tyne, NE6 has a total of 56 addresses. According to our analysis of all the public data, 83, Weardale Avenue, Newcastle Upon Tyne is the 50th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE6.
The closest station to 83, Weardale Avenue, Newcastle Upon Tyne is Heworth station which is 3.1 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 83, Weardale Avenue, Newcastle Upon Tyne, 42.2% of property is privately rented and 32.2% is privately owned outright.
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 83, Weardale Avenue, Newcastle Upon Tyne, 17.6% of residents are recorded as possessing school level qualifications and 24.2% 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 83, Weardale Avenue, Newcastle Upon Tyne, the average age was 42.6 and the most common age was 57.
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 83, Weardale Avenue, 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 83, Weardale Avenue, Newcastle Upon Tyne, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.