2, Hedgeley Road
2, Hedgeley Road
Description & Estimates
Public records show 2, Hedgeley Road, Newcastle Upon Tyne to be an early-century freehold house with 710 ft2 of internal area, sitting on a 268 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Hedgeley Road, Newcastle Upon Tyne has an estimated sale value of £142,167 and an estimated rental value of £1,074 per month, assuming reasonable condition and based on the information available.
Hedgeley Road, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
2, Hedgeley Road, Newcastle Upon Tyne has 3 entries in the Land Registry , most recently in May 2018 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.
Price Range & Condition
In very good condition, we estimate 2, Hedgeley Road, Newcastle Upon Tyne would be worth £149,275, with a potential rental value of £1,128 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £132,215, with a rental value of £999 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Hedgeley Road, Newcastle Upon Tyne has climbed by £1,817 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £37 (3.4%). The property's estimated gross yield is currently 9.1%.
Plot Size
2, Hedgeley Road, Newcastle Upon Tyne occupies a 268 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
2, Hedgeley Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Hedgeley Road, Newcastle Upon Tyne last changed hands on 25th May 2018, selling for £118,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.4% since May 2018.
- Sold May 2018£118,000
- Sold Aug 2008£108,000
- Sold Mar 2008£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 2, Hedgeley Road, Newcastle Upon Tyne across the last 2 years.
Most recently, 1, The Forum, Newcastle Upon Tyne, NE15 7UN, a freehold house, sold at £160,000 on the 25th October 2024.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Hedgeley Road, Newcastle Upon Tyne as the 10th largest and the 10th most expensive of the 20 addresses on Hedgeley Road, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 800mBroadwood Primary School
- 800mWest Denton Primary School
- 900mBeech Hill Primary School
- 800mStudio West
- 1.7kmSt Cuthbert's High School
- 2.4kmCallerton Academy
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Public Transport Nearby
Blaydon station is the nearest stop to 2, Hedgeley Road, Newcastle Upon Tyne at 2.5 kilometres away.
- 2.5kmBlaydon
- 3.7kmMetroCentre
- 5.5kmDunston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
