According to the public record, The Willows, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,163 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Clayton Road, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
The Willows, Newcastle Upon Tyne has a single entry in the Land Registry database from May 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Willows Newcastle Upon Tyne as £1,529,299 and the rental value as £3,708 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of The Willows Newcastle Upon Tyne has increased by £19,196 (1.3%) and its rental value has increased by £294 per month (7.9%).
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 The Willows, Newcastle Upon Tyne is in very good condition we estimate a sale value of £1,605,764 and rental value of £3,894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,422,248 and a rental value of £3,449 per month.
If you were able to purchase this property for the estimated value of £1,529,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,516 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, The Willows, Newcastle Upon Tyne was last sold on 06 May 2015 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Willows, Newcastle Upon Tyne within a radius of 163m over the last 2 years.
The most recent example is Beechwood, Clayton Road, Newcastle Upon Tyne, NE2 1TL, a Freehold house which sold for £1,250,000 in Jul 2023.
Read more about house prices in NE2.
Clayton Road, Newcastle Upon Tyne, NE2 has a total of 186 addresses. According to our analysis of all the public data, The Willows, Newcastle Upon Tyne is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £1.206m more expensive than the average property in NE2.
The closest station to The Willows, Newcastle Upon Tyne is Manors station which is 1.4 km 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 The Willows, Newcastle Upon Tyne, 38.2% of property is privately owned outright and 24.4% is privately owned with a mortgage.
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 The Willows, Newcastle Upon Tyne, 18.4% of residents are recorded as possessing school level qualifications and 62.4% 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 The Willows, Newcastle Upon Tyne, the average age was 32.1 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 The Willows, Newcastle Upon Tyne, 2.7% 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 The Willows, Newcastle Upon Tyne, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.