2, Cairns Way
2, Cairns Way
Description & Estimates
The public record describes 2, Cairns Way, Newcastle Upon Tyne as a mid-century house with 818 ft2 of internal area, sitting on a 262 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Cairns Way, Newcastle Upon Tyne has an estimated sale value of £87,595 and an estimated rental value of £602 per month, assuming reasonable condition and based on the information available.
Cairns Way, Newcastle Upon Tyne, NE3 lies in the borough of Newcastle upon Tyne, within the NE3 postal district.
Our Data Sources
2, Cairns Way, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
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
In very good condition, we estimate 2, Cairns Way, Newcastle Upon Tyne would be worth £91,974, with a potential rental value of £632 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £81,463, with a rental value of £560 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Cairns Way, Newcastle Upon Tyne has grown by £1,372 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (3.8%). The property's estimated gross yield is currently 8.2%.
Plot Size
2, Cairns Way, Newcastle Upon Tyne occupies a 262 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Cairns Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2022.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 2, Cairns Way, Newcastle Upon Tyne across the last 2 years.
Most recently, 44, Strathearn Way, Newcastle Upon Tyne, NE3 2SD, a freehold house, sold at £92,000 on the 8th July 2024.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Cairns Way, Newcastle Upon Tyne as the 11th largest and the 13th most expensive of the 29 addresses on Cairns Way, Newcastle Upon Tyne, NE3.
Against the NE3 postcode district average, it is £206k less expensive than the typical property.
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Schools Nearby
- 100mNorth Fawdon Primary School
- 800mRegent Farm First School
- 1.3kmGrange First School
- 1.6kmGosforth Academy
- 1.6kmKenton School
- 3.3kmCallerton Academy
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Public Transport Nearby
Manors station is the nearest stop to 2, Cairns Way, Newcastle Upon Tyne at 5.7 kilometres away.
- 5.7kmManors
- 5.8kmNewcastle
- 6.7kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
