According to the public record, Loft 3, The Turnbull, Newcastle Upon Tyne is a modern leasehold apartment with 1,863 ft2 of internal area.
Apartments of this size in this area normally have 3 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 3, The Turnbull, Newcastle Upon Tyne has a single entry in the Land Registry database from January 2011 and a single entry in the EPC database dated June 2010.
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.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Loft 3 The Turnbull Newcastle Upon Tyne as £309,767 and the rental value as £1,476 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Loft 3 The Turnbull Newcastle Upon Tyne has increased by £10,088 (3.3%) and its rental value has increased by £142 per month (9.6%).
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 3, The Turnbull, Newcastle Upon Tyne is in very good condition we estimate a sale value of £325,256 and rental value of £1,550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,084 and a rental value of £1,373 per month.
If you were able to purchase this property for the estimated value of £309,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,522 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 3, The Turnbull, Newcastle Upon Tyne was last sold on 28 Jan 2011 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2011, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Loft 3, The Turnbull, Newcastle Upon Tyne within a radius of 440 metres over the last 2 years.
The most recent example is Loft 6, The Turnbull, Queens Lane, Newcastle Upon Tyne, NE1 1NA, a Leasehold flat which sold for £316,000 in Aug 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 3, The Turnbull, Newcastle Upon Tyne is the 6th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in NE1.
Loft 3, The Turnbull, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Jun 2010.
The property is not connected to mains gas and has some double glazing. It is heated using an electric boiler and radiators.
The closest station to Loft 3, The Turnbull, Newcastle Upon Tyne is Newcastle station which is 400 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 Loft 3, 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 3, 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 3, 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 3, 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 3, 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.