2, Elsdon Drive
2, Elsdon Drive
Description & Estimates
2, Elsdon Drive, Newcastle Upon Tyne is described in the public record as a mid-century apartment with 347 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2, Elsdon Drive, Newcastle Upon Tyne is £77,309 and its rental estimate is £568 per month, given the available information and assuming reasonable condition.
Elsdon Drive, Newcastle Upon Tyne, NE12 falls within the NE12 postal district, in the borough of North Tyneside.
Our Data Sources
2, Elsdon Drive, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2011.
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
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, Elsdon Drive, Newcastle Upon Tyne, we estimate a market value of £81,175 and a rental value of £597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £71,898 and £529 per month respectively.
Recent Market Change
Over the last year, 2, Elsdon Drive, Newcastle Upon Tyne has seen its estimated sale value fall by £748 (1.0%) and its estimated rental value move up by £13 per month (2.2%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
2, Elsdon Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Elsdon Drive, Newcastle Upon Tyne completed on 30th November 2001 at £23,250 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Nov 2001£23,250
- Sold Mar 2001£21,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Elsdon Drive, Newcastle Upon Tyne have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2022, was 24, Otterburn Close, Newcastle Upon Tyne, NE12 9QY, a leasehold flat which sold for £60,000.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Elsdon Drive, Newcastle Upon Tyne, NE12, 2, Elsdon Drive, Newcastle Upon Tyne comes out as the 35th largest and the 36th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the NE12 district.
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Schools Nearby
- 300mIvy Road Primary School
- 900mForest Hall Primary School
- 900mSt Marys Catholic Primary School, Forest Hall
- 1.3kmLongbenton High School
- 1.7kmGeorge Stephenson High School
- 2.9kmSt Mary's Catholic School
More reading links
Public Transport Nearby
From 2, Elsdon Drive, Newcastle Upon Tyne, the nearest station is Northumberland Park (Tyne & Wear), 2.6 kilometres away.
- 2.6kmNorthumberland Park (Tyne & Wear)
- 6.2kmManors
- 6.3kmSeaton Delaval
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.
