According to the public record, Loft 15, The Turnbull, Newcastle Upon Tyne is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Turnbull, Queens Lane, Newcastle Upon Tyne, NE1.
Queens Lane, Newcastle Upon Tyne, NE1 is located in the borough of Newcastle upon Tyne within the NE1 postal district.
Loft 15, The Turnbull, Newcastle Upon Tyne has 31 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Loft 15 The Turnbull Newcastle Upon Tyne as £173,562 and the rental value as £1,075 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Loft 15 The Turnbull Newcastle Upon Tyne has increased by £4,166 (2.4%) and its rental value has increased by £94 per month (8.7%).
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 Loft 15, The Turnbull, Newcastle Upon Tyne is in very good condition we estimate a sale value of £182,240 and rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,412 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £173,562, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £853 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, Loft 15, The Turnbull, Newcastle Upon Tyne was last sold on 18 Mar 2022 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Loft 15, The Turnbull, Newcastle Upon Tyne within a radius of 440 metres over the last 2 years.
The most recent example is Loft 45, The Turnbull, Queens Lane, Newcastle Upon Tyne, NE1 1NA, a Leasehold flat which sold for £123,000 in Jan 2024.
Read more about house prices in NE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Lane, Newcastle Upon Tyne, NE1 has a total of 57 addresses. According to our analysis of all the public data, Loft 15, The Turnbull, Newcastle Upon Tyne is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NE1.
Loft 15, The Turnbull, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2021.
The property is not connected to mains gas and has full secondary glazing. It is heated using an electric boiler and radiators.
The closest station to Loft 15, The Turnbull, Newcastle Upon Tyne is Newcastle station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Loft 15, The Turnbull, Newcastle Upon Tyne, 66.2% of property is privately rented and 14.9% is socially 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 Loft 15, The Turnbull, Newcastle Upon Tyne, 54.4% of residents are recorded as possessing school level qualifications and 54.8% 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 Loft 15, The Turnbull, 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 Loft 15, The Turnbull, 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 Loft 15, The Turnbull, Newcastle Upon Tyne, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.