According to the public record, West Acres, Newcastle Upon Tyne is a period freehold house with 1,345 ft2 of internal area and sits on a 1,098 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Heddon-On-The-Wall, Newcastle Upon Tyne, NE15 is located within the NE15 postal district.
West Acres, Newcastle Upon Tyne has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for West Acres Newcastle Upon Tyne as £512,194 and the rental value as £2,179 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of West Acres Newcastle Upon Tyne has decreased by £459 (0.1%) and its rental value has increased by £159 per month (7.3%).
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 West Acres, Newcastle Upon Tyne is in very good condition we estimate a sale value of £537,803 and rental value of £2,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,340 and a rental value of £2,026 per month.
If you were able to purchase this property for the estimated value of £512,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,517 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 data from HM Land Registry, West Acres, Newcastle Upon Tyne sits on a plot of 1098m2.
We have plot size data on 4 out of 4 other houses in the postcode and West Acres, Newcastle Upon Tyne sits on the 2nd largest plot.
According to HM Land Registry, West Acres, Newcastle Upon Tyne was last sold on 23 Sep 2021 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to West Acres, Newcastle Upon Tyne within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 21, Killiebrigs, Newcastle Upon Tyne, NE15 0DD, a Freehold house which sold for £360,000 in Oct 2020.
Read more about house prices in NE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heddon-On-The-Wall, Newcastle Upon Tyne, NE15 has a total of 121 addresses. According to our analysis of all the public data, West Acres, Newcastle Upon Tyne is the 73rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in NE15.
West Acres, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jun 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to West Acres, Newcastle Upon Tyne is Wylam station which is 2.0 kilometres 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 West Acres, Newcastle Upon Tyne, 38.4% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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 West Acres, Newcastle Upon Tyne, 19.6% of residents are recorded as possessing school level qualifications and 45.0% 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 West Acres, Newcastle Upon Tyne, the average age was 46.3 and the most common age was 57.
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 West Acres, Newcastle Upon Tyne, 0.9% 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 West Acres, Newcastle Upon Tyne, there are an average of 2.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.