According to the public record, Flat 6, 495, Welbeck Road, Newcastle Upon Tyne is a period apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 495, Welbeck Road, Newcastle Upon Tyne, NE6.
Welbeck Road, Newcastle Upon Tyne, NE6 is located in the borough of Newcastle upon Tyne within the NE6 postal district.
Flat 6, 495, Welbeck Road, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated November 2020.
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 6 495 Welbeck Road Newcastle Upon Tyne as £32,556 and the rental value as £257 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of Flat 6 495 Welbeck Road Newcastle Upon Tyne has increased by £1,160 (3.6%) and its rental value has increased by £24 per month (9.4%).
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 6, 495, Welbeck Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £34,184 and rental value of £270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £30,277 and a rental value of £239 per month.
If you were able to purchase this property for the estimated value of £32,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £160 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 6, 495, Welbeck Road, Newcastle Upon Tyne over the last 2 years.
The most recent example is 552, Welbeck Road, Newcastle Upon Tyne, NE6 2PA, a Freehold house which sold for £74,500 in Sep 2013.
Read more about house prices in NE6.
Welbeck Road, Newcastle Upon Tyne, NE6 has a total of 477 addresses. According to our analysis of all the public data, Flat 6, 495, Welbeck Road, Newcastle Upon Tyne is the 475th largest and the 475th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in NE6.
Flat 6, 495, Welbeck Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, 495, Welbeck Road, Newcastle Upon Tyne is Heworth station which is 2.6 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 6, 495, Welbeck Road, Newcastle Upon Tyne, 52.7% of property is socially rented and 19.6% 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 6, 495, Welbeck Road, Newcastle Upon Tyne, 24.0% of residents are recorded as possessing school level qualifications and 9.6% 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 6, 495, Welbeck Road, Newcastle Upon Tyne, the average age was 39.1 and the most common age was 32.
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 6, 495, Welbeck Road, Newcastle Upon Tyne, 0.8% 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 6, 495, Welbeck Road, 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.