According to the public record, 22L, Newcastle Upon Tyne is a mid-century leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Clayton Street West, Newcastle Upon Tyne, NE1 is located in the borough of Newcastle upon Tyne within the NE1 postal district.
22L, Newcastle Upon Tyne has 41 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated January 2019.
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 22L Newcastle Upon Tyne as £150,287 and the rental value as £1,042 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 22L Newcastle Upon Tyne has increased by £4,147 (2.8%) and its rental value has increased by £95 per month (9.1%).
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 22L, Newcastle Upon Tyne is in very good condition we estimate a sale value of £157,801 and rental value of £1,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,767 and a rental value of £969 per month.
If you were able to purchase this property for the estimated value of £150,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £739 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, 22L, Newcastle Upon Tyne was last sold on 25 Oct 2019 for £152,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2019, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22L, Newcastle Upon Tyne within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 22, Waterloo House, Thornton Street, Newcastle Upon Tyne, NE1 4AP, a Leasehold flat which sold for £115,000 in Sep 2023.
Read more about house prices in NE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clayton Street West, Newcastle Upon Tyne, NE1 has a total of 230 addresses. According to our analysis of all the public data, 22L, Newcastle Upon Tyne is the 24th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in NE1.
22L, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Water source heat pump, radiators, electric.
The closest station to 22L, Newcastle Upon Tyne is Newcastle station which is 200 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 22L, Newcastle Upon Tyne, 42.5% of property is socially rented and 20.5% 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 22L, Newcastle Upon Tyne, 22.4% of residents are recorded as possessing school level qualifications and 39.1% 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 22L, 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 22L, Newcastle Upon Tyne, 1.2% 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 22L, 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.