15, Newby Place
15, Newby Place
Description & Estimates
15, Newby Place, Gateshead is recorded publicly as a mid-century leasehold apartment across 904 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 15, Newby Place, Gateshead is £89,663 and its rental estimate is £749 per month, given the available information and assuming reasonable condition.
Newby Place, Gateshead, NE9 falls within the NE9 postal district, in the borough of Gateshead.
Our Data Sources
15, Newby Place, Gateshead has 2 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated November 2019.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Newby Place, Gateshead, we estimate a market value of £94,146 and a rental value of £786 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,386 and £697 per month respectively.
Recent Market Change
Over the last year, 15, Newby Place, Gateshead has seen its estimated sale value fall by £413 (0.5%) and its estimated rental value move up by £16 per month (2.1%). This results in an estimated gross rental yield of 10.0%.
Energy Efficiency
15, Newby Place, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Newby Place, Gateshead completed on 5th July 2013 at £85,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.5% over the period since July 2013.
- Sold Jul 2013£85,500
- Sold Sep 2009£84,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Newby Place, Gateshead have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2022, was 8, Carnforth Gardens, Gateshead, NE9 6YE, a leasehold flat which sold for £85,000.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Newby Place, Gateshead, NE9, 15, Newby Place, Gateshead comes out as the 6th largest and the 16th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the NE9 district.
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Schools Nearby
- 600mGlynwood Community Primary School
- 700mLarkspur Community Primary School
- 800mSt Oswald's Catholic Primary, Wrekenton
- 800mCardinal Hume Catholic School, Gateshead
- 1.5kmGrace College
- 1.9kmXP Gateshead
More reading links
Public Transport Nearby
From 15, Newby Place, Gateshead, the nearest station is Heworth, 2.9 kilometres away.
- 2.9kmHeworth
- 4.2kmDunston
- 4.7kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
