2, Meadow Rise
2, Meadow Rise
Description & Estimates
2, Meadow Rise, Newcastle Upon Tyne is recorded publicly as a mid-century leasehold house across 648 ft2 of internal area, sitting on a 203 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Meadow Rise, Newcastle Upon Tyne is £146,674 and its rental estimate is £1,073 per month, given the available information and assuming reasonable condition.
Meadow Rise, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
2, Meadow Rise, Newcastle Upon Tyne has 71 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Meadow Rise, Newcastle Upon Tyne, we estimate a market value of £154,008 and a rental value of £1,126 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,407 and £998 per month respectively.
Recent Market Change
Over the last year, 2, Meadow Rise, Newcastle Upon Tyne has seen its estimated sale value climb by £1,874 (1.3%) and its estimated rental value rise by £36 per month (3.4%). This results in an estimated gross rental yield of 8.8%.
Plot Size
HM Land Registry records the plot of land for 2, Meadow Rise, Newcastle Upon Tyne as measuring 203 m2.
That makes it the 7th largest plot in the postcode, where 26 of the 28 other houses have recorded plot data.
Energy Efficiency
2, Meadow Rise, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Meadow Rise, Newcastle Upon Tyne completed on 15th November 2019 at £119,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 7 times.
Values of comparable properties have dropped by 10.4% over the period since November 2019.
- Sold Nov 2019£119,500
- Sold Jun 2018£112,000
- Sold Jun 2018£112,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Meadow Rise, Newcastle Upon Tyne have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2023, was 6, Meadow Rise, Newcastle Upon Tyne, NE5 4TR, a freehold house which sold for £135,000.
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
Of the 42 addresses on Meadow Rise, Newcastle Upon Tyne, NE5, 2, Meadow Rise, Newcastle Upon Tyne comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the NE5 district.
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Schools Nearby
- 600mCheviot Primary School
- 700mKenton Bar Primary School
- 700mFarne Primary School
- 1.2kmKenton School
- 1.5kmCallerton Academy
- 1.8kmStudio West
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Public Transport Nearby
From 2, Meadow Rise, Newcastle Upon Tyne, the nearest station is Blaydon, 4.8 kilometres away.
- 4.8kmBlaydon
- 5.0kmMetroCentre
- 5.3kmNewcastle
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.
