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In this area, houses of this size normally have 3 bedrooms with a garden.
108, Lanercost Drive, Newcastle Upon Tyne has an estimated sale value of £174,528 and an estimated rental value of £1,188 per month, assuming reasonable condition and based on the information available.
Lanercost Drive, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
108, Lanercost Drive, Newcastle Upon Tyne has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 108, Lanercost Drive, Newcastle Upon Tyne would be worth £183,255, with a potential rental value of £1,248 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £162,311, with a rental value of £1,105 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 108, Lanercost Drive, Newcastle Upon Tyne has moved up by £2,230 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (3.4%). The property's estimated gross yield is currently 8.2%.
108, Lanercost Drive, Newcastle Upon Tyne occupies a 236 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 3rd largest.
108, Lanercost Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
108, Lanercost Drive, Newcastle Upon Tyne last changed hands on 12th October 2017, selling for £143,000. 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 risen by 7.8% since October 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 108, Lanercost Drive, Newcastle Upon Tyne across the last 2 years.
Most recently, 53, Hesleyside Drive, Newcastle Upon Tyne, NE5 2JE, a freehold house, sold at £165,000 on the 28th June 2024.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 108, Lanercost Drive, Newcastle Upon Tyne as the 61st largest and the 66th most expensive of the 113 addresses on Lanercost Drive, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £15k more expensive than the typical property.
MetroCentre station is the nearest stop to 108, Lanercost Drive, Newcastle Upon Tyne at 3.0 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 108, Lanercost Drive, Newcastle Upon Tyne, 39.4% of property is privately owned with a mortgage and 33.3% is privately owned outright.
The graph below shows how this compares to North East 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 108, Lanercost Drive, Newcastle Upon Tyne, 28.0% of residents are recorded as possessing school level qualifications and 28.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 108, Lanercost Drive, Newcastle Upon Tyne, the average age was 38.5 and the most common age was 32.
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 108, Lanercost Drive, 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 108, Lanercost Drive, Newcastle Upon Tyne, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.