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According to the public record, 2, Castlesteads Way, Newcastle Upon Tyne is a modern leasehold house with 755 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Castlesteads Way, Newcastle Upon Tyne is £174,492 and the estimated rental value is £1,025 per month.
Castlesteads Way, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
2, Castlesteads Way, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated June 2021.
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.
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 2, Castlesteads Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £183,216 and a rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,277 and a rental value of £953 per month.
Over the last 12 months the sale value of 2 Castlesteads Way Newcastle Upon Tyne has increased by an estimated £1,604 (0.9%) and its rental value has increased by an estimated £40 per month (3.9%), giving an expected gross yield of 7%.
2, Castlesteads Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 2, Castlesteads Way, Newcastle Upon Tyne was last sold on 30th July 2024 for £135,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since July 2024, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Castlesteads Way, Newcastle Upon Tyne within a radius of 770 metres over the last 2 years.
The most recent example is 86, Walwick Fell, Newcastle Upon Tyne, NE15 6BT, a freehold house which sold for £170,995 on the 31st January 2025.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlesteads Way, Newcastle Upon Tyne, NE15 has a total of 44 addresses. According to our analysis of all the public data, 2, Castlesteads Way, Newcastle Upon Tyne is the 44th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NE15.
The closest station to 2, Castlesteads Way, Newcastle Upon Tyne is MetroCentre station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Castlesteads Way, Newcastle Upon Tyne, % of property is and % is .
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, Castlesteads Way, Newcastle Upon Tyne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Castlesteads Way, 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, Castlesteads Way, Newcastle Upon Tyne, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.