According to the public record, Loft 29, The Turnbull, Newcastle Upon Tyne is a modern leasehold apartment with 796 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 29, The Turnbull, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in April 2006 and a single entry in the EPC database dated April 2018.
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 29 The Turnbull Newcastle Upon Tyne as £201,254 and the rental value as £1,159 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Loft 29 The Turnbull Newcastle Upon Tyne has increased by £4,830 (2.4%) and its rental value has increased by £101 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 29, The Turnbull, Newcastle Upon Tyne is in very good condition we estimate a sale value of £211,317 and rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,167 and a rental value of £1,078 per month.
If you were able to purchase this property for the estimated value of £201,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £989 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 29, The Turnbull, Newcastle Upon Tyne was last sold on 11 Apr 2006 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Loft 29, The Turnbull, Newcastle Upon Tyne within a radius of 440 metres over the last 2 years.
The most recent example is Loft 48, The Turnbull, Queens Lane, Newcastle Upon Tyne, NE1 1NA, a Leasehold flat which sold for £265,000 in Jul 2023.
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 29, The Turnbull, Newcastle Upon Tyne is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NE1.
Loft 29, The Turnbull, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2018.
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 29, 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 29, 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 29, 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 29, 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 29, 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 29, 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.