According to the public record, Wood Green, Newcastle Upon Tyne is a modern freehold house and with 4,876 ft2 of internal area and sits on a 1,159 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Medburn, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
Wood Green, Newcastle Upon Tyne has a single entry in the Land Registry database from September 2018 and no records in the EPC database.
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 Wood Green Newcastle Upon Tyne as £974,704 and the rental value as £4,011 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Wood Green Newcastle Upon Tyne has decreased by £321 (0.0%) and its rental value has increased by £193 per month (4.8%).
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 Wood Green, Newcastle Upon Tyne is in very good condition we estimate a sale value of £1,023,439 and rental value of £4,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £906,475 and a rental value of £3,730 per month.
If you were able to purchase this property for the estimated value of £974,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,790 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, Wood Green, Newcastle Upon Tyne sits on a plot of 1159m2.
We have plot size data on 7 out of 12 other houses in the postcode and Wood Green, Newcastle Upon Tyne sits on the 6th largest plot.
According to HM Land Registry, Wood Green, Newcastle Upon Tyne was last sold on 14 Sep 2018 for £875,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wood Green, Newcastle Upon Tyne within a radius of 806m over the last 2 years.
The most recent example is 1, Medburn Close, Newcastle Upon Tyne, NE20 0JT, a Freehold house which sold for £1,000,000 in Aug 2021.
Read more about house prices in NE20.
Medburn, Newcastle Upon Tyne, NE20 has a total of 22 addresses. According to our analysis of all the public data, Wood Green, Newcastle Upon Tyne is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £420k more expensive than the average property in NE20.
Wood Green, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and underfloor heating.
The closest station to Wood Green, Newcastle Upon Tyne is Wylam station which is 6.2 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 Wood Green, Newcastle Upon Tyne, 68.0% of property is privately owned outright and 27.1% 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 Wood Green, Newcastle Upon Tyne, 17.8% of residents are recorded as possessing school level qualifications and 61.8% 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 Wood Green, 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 Wood Green, Newcastle Upon Tyne, 0.7% 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 Wood Green, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.