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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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According to the public record, 2, Elder Drive, Newcastle Upon Tyne is a modern freehold house with 1,151 ft2 of internal area and sits on a 333 m2 plot.
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, Elder Drive, Newcastle Upon Tyne is £231,976 and the estimated rental value is £1,607 per month.
Elder Drive, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
2, Elder Drive, Newcastle Upon Tyne has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated May 2015.
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, Elder Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £243,575 and a rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,738 and a rental value of £1,494 per month.
Over the last 12 months the sale value of 2 Elder Drive Newcastle Upon Tyne has increased by an estimated £6,394 (2.8%) and its rental value has increased by an estimated £86 per month (5.3%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 2, Elder Drive, Newcastle Upon Tyne sits on a plot of 333m2.
We have plot size data on 34 out of 45 other houses in the postcode and 2, Elder Drive, Newcastle Upon Tyne sits on the 2nd largest plot.
2, Elder Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Elder Drive, Newcastle Upon Tyne was last sold on 15th August 2014 for £162,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elder Drive, Newcastle Upon Tyne within a radius of 480 metres over the last 2 years.
The most recent example is 7, Juniper Drive, Newcastle Upon Tyne, NE4 9BF, a freehold house which sold for £190,950 on the 12th June 2017.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Drive, Newcastle Upon Tyne, NE4 has a total of 45 addresses. According to our analysis of all the public data, 2, Elder Drive, Newcastle Upon Tyne is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE4.
The closest station to 2, Elder Drive, Newcastle Upon Tyne is MetroCentre station which is 3.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Elder Drive, Newcastle Upon Tyne, 43.6% of property is socially rented and 28.8% is privately owned with a mortgage.
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, Elder Drive, Newcastle Upon Tyne, 31.2% of residents are recorded as possessing school level qualifications and 22.3% 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, Elder Drive, Newcastle Upon Tyne, the average age was 36.3 and the most common age was 37.
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, Elder Drive, 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, Elder Drive, Newcastle Upon Tyne, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
