2, Alder Way
2, Alder Way
Description & Estimates
2, Alder Way, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,679 ft2 of internal area, sitting on a 420 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Alder Way, Newcastle Upon Tyne is £374,100 and its rental estimate is £1,301 per month, given the available information and assuming reasonable condition.
Alder Way, Newcastle Upon Tyne, NE15 falls within the NE15 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
2, Alder Way, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in August 2025 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 2, Alder Way, Newcastle Upon Tyne, we estimate a market value of £392,805 and a rental value of £1,366 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,913 and £1,210 per month respectively.
Recent Market Change
Over the last year, 2, Alder Way, Newcastle Upon Tyne has seen its estimated sale value climb by £158 (0.0%) and its estimated rental value rise by £38 per month (2.9%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 2, Alder Way, Newcastle Upon Tyne as measuring 420 m2.
That makes it the 3rd largest plot in the postcode, where 19 of the 22 other houses have recorded plot data.
Energy Efficiency
2, Alder Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Alder Way, Newcastle Upon Tyne completed on 15th August 2025 at £368,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 27.5% over the period since August 2025.
- Sold Aug 2025£368,000
- Sold Sep 2020£359,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Alder Way, Newcastle Upon Tyne have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2025, was 4, Oak Gardens, Newcastle Upon Tyne, NE15 9DG, a freehold house which sold for £412,500.
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
Of the 22 addresses on Alder Way, Newcastle Upon Tyne, NE15, 2, Alder Way, Newcastle Upon Tyne comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £203k more expensive than the average property across the NE15 district.
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Schools Nearby
- 200mThrockley Primary School
- 1.7kmSt Cuthbert's Catholic Primary School
- 1.8kmWalbottle Village Primary School
- 1.3kmWalbottle Academy
- 3.1kmThorp Academy
- 4.1kmStudio West
More reading links
Public Transport Nearby
From 2, Alder Way, Newcastle Upon Tyne, the nearest station is Wylam, 4.3 kilometres away.
- 4.3kmWylam
- 4.8kmBlaydon
- 7.5kmPrudhoe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
