According to the public record, Flat 3, 26, Lewis Drive, Newcastle Upon Tyne is a early-century apartment with 322 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 26, Lewis Drive, Newcastle Upon Tyne, NE4.
Lewis Drive, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
Flat 3, 26, Lewis Drive, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated December 2022.
We combine this information with public data 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 Flat 3 26 Lewis Drive Newcastle Upon Tyne as £49,269 and the rental value as £337 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of Flat 3 26 Lewis Drive Newcastle Upon Tyne has increased by £1,386 (2.8%) and its rental value has increased by £32 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 Flat 3, 26, Lewis Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £51,732 and rental value of £354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £45,820 and a rental value of £313 per month.
If you were able to purchase this property for the estimated value of £49,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £242 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 450 metres radius of Flat 3, 26, Lewis Drive, Newcastle Upon Tyne over the last 2 years.
The most recent example is 1, Kirton Avenue, Newcastle Upon Tyne, NE4 9HH, a Freehold house which sold for £169,950 in May 2019.
Read more about house prices in NE4.
Lewis Drive, Newcastle Upon Tyne, NE4 has a total of 23 addresses. According to our analysis of all the public data, Flat 3, 26, Lewis Drive, Newcastle Upon Tyne is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in NE4.
Flat 3, 26, Lewis Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 3, 26, Lewis Drive, Newcastle Upon Tyne is MetroCentre station which is 2.2 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 Flat 3, 26, Lewis Drive, Newcastle Upon Tyne, 34.4% of property is privately owned outright and 33.6% 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 Flat 3, 26, Lewis Drive, Newcastle Upon Tyne, 34.0% of residents are recorded as possessing school level qualifications and 27.1% 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 Flat 3, 26, Lewis Drive, 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 Flat 3, 26, Lewis Drive, Newcastle Upon Tyne, 0.2% 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 Flat 3, 26, Lewis Drive, Newcastle Upon Tyne, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.