11, Chestnut Close
11, Chestnut Close
Description & Estimates
According to the public record, 11, Chestnut Close, Newcastle Upon Tyne is a modern apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Chestnut Close, Newcastle Upon Tyne is £71,459 and the estimated rental value is £608 per month.
Chestnut Close, Newcastle Upon Tyne, NE12 is located in the borough of North Tyneside within the NE12 postal district.
Our Data Sources
11, Chestnut Close, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 11, Chestnut Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £75,032 and a rental value of £638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,457 and a rental value of £565 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 11, Chestnut Close, Newcastle Upon Tyne has dropped by £489 (0.7%), while its estimated rental value has risen by £13 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 10.2%.
Energy Efficiency
11, Chestnut Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Chestnut Close, Newcastle Upon Tyne within a radius of 640 metres over the last 2 years.
The most recent example is Flat, Grey Horse , Front Street, Newcastle Upon Tyne, NE12 5UT, a leasehold flat which sold for £170,000 on the 8th November 2021.
Read more about house prices in NE12.
- Sold Nov 2021£170,000 | 2 Bed FlatGrey Horse , Front StreetFlat, Grey Horse , Front Street, Newcastle Upon Tyne, NE12 5UT
- Sold Feb 2016£55,000 | 2 Bed FlatBannockburn66, Bannockburn, Newcastle Upon Tyne, NE12 6QJ
- Sold Feb 2015£45,000 | 2 Bed FlatFront Street19, Front Street, Newcastle Upon Tyne, NE12 5UT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chestnut Close, Newcastle Upon Tyne, NE12 has a total of 35 addresses. According to our analysis of all the public data, 11, Chestnut Close, Newcastle Upon Tyne is the 29th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in NE12.
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Schools Nearby
- 400mGrasmere Academy
- 400mBailey Green Primary School
- 700mBurradon Community Primary School
- 1.0kmGeorge Stephenson High School
- 2.3kmLongbenton High School
- 3.4kmNorth Gosforth Academy
More reading links
Public Transport Nearby
The closest station to 11, Chestnut Close, Newcastle Upon Tyne is Northumberland Park (Tyne & Wear) station, which is 3.8 kilometres away.
- 3.8kmNorthumberland Park (Tyne & Wear)
- 5.0kmSeaton Delaval
- 5.6kmCramlington
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
