2 Ray Cottages, Newcastle Upon Tyne
2 Ray Cottages, Newcastle Upon Tyne
Description & Estimates
The public record describes 2 Ray Cottages, Newcastle Upon Tyne as a period house with 775 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2 Ray Cottages, Newcastle Upon Tyne has an estimated sale value of £286,374 and an estimated rental value of £1,616 per month, assuming reasonable condition and based on the information available.
Kirkwhelpington, Newcastle Upon Tyne, NE19 lies within the NE19 postal district.
Our Data Sources
2 Ray Cottages, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
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
In very good condition, we estimate 2 Ray Cottages, Newcastle Upon Tyne would be worth £300,693, with a potential rental value of £1,697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £266,328, with a rental value of £1,503 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 Ray Cottages, Newcastle Upon Tyne has grown by £14,401 (5.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £71 (4.4%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
2 Ray Cottages, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 12.9 kilometres of 2 Ray Cottages, Newcastle Upon Tyne across the last 2 years.
Most recently, 2, Kirkharle Cottages, Newcastle Upon Tyne, NE19 2PF, a freehold house, sold at £180,000 on the 12th October 2018.
Read more about house prices in NE19.
•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 Ray Cottages, Newcastle Upon Tyne as the 67th largest and the 63rd most expensive of the 79 addresses on Kirkwhelpington, Newcastle Upon Tyne, NE19.
Against the NE19 postcode district average, it is £78k less expensive than the typical property.
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Schools Nearby
- 5.6kmCambo First School
- 12.3kmOtterburn Primary School
- 12.7kmBellingham Primary School
- 22.2kmQueen Elizabeth High School
- 22.8kmThe King Edward VI School
- 23.9kmPonteland High School
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Public Transport Nearby
Hexham station is the nearest stop to 2 Ray Cottages, Newcastle Upon Tyne at 21.5 kilometres away.
- 21.5kmHexham
- 22.3kmCorbridge
- 23.4kmMorpeth
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
