2, Castlewood Close
2, Castlewood Close
Description & Estimates
2, Castlewood Close, Newcastle Upon Tyne appears in the public record as a freehold house sitting on a 189 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,060 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Castlewood Close, Newcastle Upon Tyne is £218,544 and its rental estimate is £1,301 per month, given the available information and assuming reasonable condition.
Castlewood Close, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
2, Castlewood Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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, Castlewood Close, Newcastle Upon Tyne, we estimate a market value of £229,471 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 £203,246 and £1,210 per month respectively.
Recent Market Change
Over the last year, 2, Castlewood Close, Newcastle Upon Tyne has seen its estimated sale value increase by £2,792 (1.3%) and its estimated rental value grow by £44 per month (3.4%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 2, Castlewood Close, Newcastle Upon Tyne as measuring 189 m2.
That makes it the 17th largest plot in the postcode, where all 26 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Castlewood Close, Newcastle Upon Tyne completed on 6th July 2007 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 16.7% over the period since July 2007.
- Sold Jul 2007£185,000
- Sold May 1996£67,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Castlewood Close, Newcastle Upon Tyne have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2024, was 73, Milecastle Court, Newcastle Upon Tyne, NE5 2PB, a freehold house which sold for £185,000.
Read more about house prices in NE5.
- Sold Oct 2024£185,000 | 3 Bed HouseMilecastle Court73, Milecastle Court, Newcastle Upon Tyne, NE5 2PB
- Sold Sep 2024£275,000 | 4 Bed HouseCastlewood Close22, Castlewood Close, Newcastle Upon Tyne, NE5 2PH
- Sold Mar 2021£182,500 | 3 Bed HouseCastlewood Close19, Castlewood Close, Newcastle Upon Tyne, NE5 2PH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Castlewood Close, Newcastle Upon Tyne, NE5, 2, Castlewood Close, Newcastle Upon Tyne comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the NE5 district.
More reading links
Schools Nearby
- 200mWest Denton Primary School
- 200mSt John Vianney Catholic Primary School, West Denton
- 800mWesterhope Primary School
- 500mStudio West
- 1.8kmCallerton Academy
- 2.3kmWalbottle Academy
More reading links
Public Transport Nearby
From 2, Castlewood Close, Newcastle Upon Tyne, the nearest station is Blaydon, 3.0 kilometres away.
- 3.0kmBlaydon
- 4.6kmMetroCentre
- 6.3kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
