According to the public record, Loft 7, The Turnbull, Newcastle Upon Tyne is a modern leasehold apartment with 1,334 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 7, The Turnbull, Newcastle Upon Tyne has 2 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated February 2017.
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 7 The Turnbull Newcastle Upon Tyne as £263,282 and the rental value as £1,258 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Loft 7 The Turnbull Newcastle Upon Tyne has increased by £8,574 (3.3%) and its rental value has increased by £121 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 7, The Turnbull, Newcastle Upon Tyne is in very good condition we estimate a sale value of £276,446 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,852 and a rental value of £1,170 per month.
If you were able to purchase this property for the estimated value of £263,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,294 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 7, The Turnbull, Newcastle Upon Tyne was last sold on 10 Nov 2017 for £378,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has dropped 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Loft 7, The Turnbull, Newcastle Upon Tyne within a radius of 440 metres over the last 2 years.
The most recent example is 32 Kenilworth House, Fletcher Road, Gateshead, NE8 2AW, a Leasehold flat which sold for £257,500 in Jan 2020.
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 7, The Turnbull, Newcastle Upon Tyne is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in NE1.
Loft 7, The Turnbull, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2017.
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 7, 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 7, 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 7, 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 7, 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 7, 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 7, 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.