Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Eastern Way, Newcastle Upon Tyne is a early-century house with 548 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Eastern Way, Newcastle Upon Tyne is £70,848 and the estimated rental value is £510 per month.
Eastern Way, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
2, Eastern Way, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated March 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Eastern Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £74,390 and a rental value of £536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,888 and a rental value of £475 per month.
Over the last 12 months the sale value of 2 Eastern Way Newcastle Upon Tyne has increased by an estimated £1,224 (1.7%) and its rental value has increased by an estimated £28 per month (5.5%), giving an expected gross yield of 8.6%.
2, Eastern Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Eastern Way, Newcastle Upon Tyne within a radius of 520 metres over the last 2 years.
The most recent example is 28, Chestnut Avenue, Newcastle Upon Tyne, NE5 3AY, a freehold house which sold for £52,000 on the 24th November 2015.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Way, Newcastle Upon Tyne, NE5 has a total of 64 addresses. According to our analysis of all the public data, 2, Eastern Way, Newcastle Upon Tyne is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in NE5.
The closest station to 2, Eastern Way, Newcastle Upon Tyne is MetroCentre station which is 4.1 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, Eastern Way, Newcastle Upon Tyne, 48.8% of property is privately rented and 24.8% is socially rented.
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, Eastern Way, Newcastle Upon Tyne, 39.6% of residents are recorded as possessing school level qualifications and 32.9% 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, Eastern Way, Newcastle Upon Tyne, the average age was 37.4 and the most common age was 7.
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, Eastern Way, Newcastle Upon Tyne, 0.3% 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, Eastern Way, Newcastle Upon Tyne, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
