18, Mill Vale
18, Mill Vale
Description & Estimates
According to the public record, 18, Mill Vale, Newcastle Upon Tyne is a modern freehold house with 1,991 ft2 of internal area and sits on a 388 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Mill Vale, Newcastle Upon Tyne is £352,504 and the estimated rental value is £1,406 per month.
Mill Vale, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
Our Data Sources
18, Mill Vale, Newcastle Upon Tyne has 3 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated February 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
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 18, Mill Vale, Newcastle Upon Tyne is in very good condition we estimate a sale value of £370,129 and a rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,829 and a rental value of £1,307 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Mill Vale, Newcastle Upon Tyne has decreased by £2,601 (0.7%), while its estimated rental value has grown by £27 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 18, Mill Vale, Newcastle Upon Tyne sits on a plot of 388 m2.
We have plot size data on 55 out of 55 other houses in the postcode and 18, Mill Vale, Newcastle Upon Tyne sits on the 2nd largest plot.
Energy Efficiency
18, Mill Vale, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 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
According to HM Land Registry, 18, Mill Vale, Newcastle Upon Tyne was last sold on 18th March 2019 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2019, the market for similar properties has risen by 25.6%.
- Sold Mar 2019£270,000
- Sold Nov 2015£270,000
- Sold Apr 2009£273,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Mill Vale, Newcastle Upon Tyne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 17, Station Road, Newcastle Upon Tyne, NE15 8LS, a freehold house which sold for £312,500 on the 28th February 2023.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Vale, Newcastle Upon Tyne, NE15 has a total of 55 addresses. According to our analysis of all the public data, 18, Mill Vale, Newcastle Upon Tyne is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in NE15.
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Schools Nearby
- 300mNewburn Manor Primary School
- 900mWalbottle Village Primary School
- 1.1kmSt Cuthbert's Catholic Primary School
- 1.4kmWalbottle Academy
- 2.7kmStudio West
- 2.7kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearby
The closest station to 18, Mill Vale, Newcastle Upon Tyne is Blaydon station, which is 2.5 kilometres away.
- 2.5kmBlaydon
- 5.0kmWylam
- 5.3kmMetroCentre
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.
