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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Belsay Lane, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Belsay Lane, Newcastle Upon Tyne is £188,727 and its rental estimate is £1,230 per month, given the available information and assuming reasonable condition.
Belsay Lane, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
2, Belsay Lane, Newcastle Upon Tyne has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated April 2022.
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.
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, Belsay Lane, Newcastle Upon Tyne, we estimate a market value of £198,163 and a rental value of £1,291 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,516 and £1,144 per month respectively.
Over the last year, 2, Belsay Lane, Newcastle Upon Tyne has seen its estimated sale value grow by £2,411 (1.3%) and its estimated rental value climb by £42 per month (3.4%). This results in an estimated gross rental yield of 7.8%.
2, Belsay Lane, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Belsay Lane, Newcastle Upon Tyne completed on 29th April 2022 at £174,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.4% over the period since April 2022.
Over the past 2 years 3 properties similar to 2, Belsay Lane, Newcastle Upon Tyne have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th October 2023, was 20, Belsay Lane, Newcastle Upon Tyne, NE5 2FP, a freehold house which sold for £179,629.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Belsay Lane, Newcastle Upon Tyne, NE5, 2, Belsay Lane, Newcastle Upon Tyne comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £29k more expensive than the average property across the NE5 district.
From 2, Belsay Lane, Newcastle Upon Tyne, the nearest station is Blaydon, 3.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Belsay Lane, Newcastle Upon Tyne, 49.3% of property is socially rented and 22.8% 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 2, Belsay Lane, Newcastle Upon Tyne, 32.1% of residents are recorded as possessing school level qualifications and 14.4% 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 2, Belsay Lane, Newcastle Upon Tyne, the average age was 41.1 and the most common age was 57.
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 2, Belsay Lane, 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 2, Belsay Lane, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
