According to the public record, Flat B, 186, Portland Road, Newcastle Upon Tyne is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 186, Portland Road, Shieldfield, Newcastle Upon Tyne, NE2.
Portland Road, Shieldfield, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
Flat B, 186, Portland Road, Newcastle Upon Tyne has no records in the Land Registry database and a single entry in the EPC database dated December 2017.
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 B 186 Portland Road Newcastle Upon Tyne as £306,573 and the rental value as £1,499 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat B 186 Portland Road Newcastle Upon Tyne has increased by £5,441 (1.8%) and its rental value has increased by £125 per month (8.4%).
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 B, 186, Portland Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £321,901 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,113 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £306,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,507 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 1 sale of a property similar to Flat B, 186, Portland Road, Newcastle Upon Tyne within a radius of 350 metres over the last 2 years.
The most recent example is Flat C, 186, Portland Road, Newcastle Upon Tyne, NE2 1DJ, a Leasehold flat which sold for £300,000 in Sep 2007.
Read more about house prices in NE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Road, Shieldfield, Newcastle Upon Tyne, NE2 has a total of 79 addresses. According to our analysis of all the public data, Flat B, 186, Portland Road, Newcastle Upon Tyne is the 70th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in NE2.
Flat B, 186, Portland Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using electric storage heaters.
The closest station to Flat B, 186, Portland Road, Newcastle Upon Tyne is Manors station which is 900 metres 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 B, 186, Portland Road, Newcastle Upon Tyne, 73.5% of property is privately rented and 11.6% 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 Flat B, 186, Portland Road, Newcastle Upon Tyne, 61.7% of residents are recorded as possessing school level qualifications and 46.5% 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 B, 186, Portland Road, 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 B, 186, Portland Road, Newcastle Upon Tyne, 0.4% 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 B, 186, Portland Road, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.