1, Larkrise Close
1, Larkrise Close
Description & Estimates
Public records show 1, Larkrise Close, Newcastle Upon Tyne to be a modern freehold house with 1,851 ft2 of internal area, sitting on a 351 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
1, Larkrise Close, Newcastle Upon Tyne has an estimated sale value of £440,812 and an estimated rental value of £1,920 per month, assuming reasonable condition and based on the information available.
Larkrise Close, Newcastle Upon Tyne, NE7 lies in the borough of Newcastle upon Tyne, within the NE7 postal district.
Our Data Sources
1, Larkrise Close, Newcastle Upon Tyne has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Larkrise Close, Newcastle Upon Tyne would be worth £462,853, with a potential rental value of £2,016 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £409,955, with a rental value of £1,786 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Larkrise Close, Newcastle Upon Tyne has decreased by £2,391 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £43 (2.3%). The property's estimated gross yield is currently 5.2%.
Plot Size
1, Larkrise Close, Newcastle Upon Tyne occupies a 351 m2 plot as recorded by HM Land Registry.
All 14 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
1, Larkrise Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Larkrise Close, Newcastle Upon Tyne last changed hands on 20th January 2017, selling for £355,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.5% since January 2017.
- Sold Jan 2017£355,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 1, Larkrise Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 44, Ruskin Drive, Newcastle Upon Tyne, NE7 7FL, a leasehold house, sold at £270,000 on the 1st August 2017.
Read more about house prices in NE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Larkrise Close, Newcastle Upon Tyne as the largest and the most expensive of the 14 addresses on Larkrise Close, Newcastle Upon Tyne, NE7.
Against the NE7 postcode district average, it is £258k more expensive than the typical property.
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Schools Nearby
- 1.1kmRavenswood Primary School
- 1.2kmBenton Park Primary School
- 1.2kmRedesdale Primary School
- 1.0kmBenfield School
- 1.6kmJesmond Park Academy
- 2.1kmSt Mary's Catholic School
More reading links
Public Transport Nearby
Manors station is the nearest stop to 1, Larkrise Close, Newcastle Upon Tyne at 3.8 kilometres away.
- 3.8kmManors
- 4.7kmNewcastle
- 4.8kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
