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Bricks&Logic is a trading name of Urban Markets Ltd
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, Princes Close, Newcastle Upon Tyne is a mid-century house with 1,367 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Princes Close, Newcastle Upon Tyne is £374,300 and the estimated rental value is £1,765 per month.
Princes Close, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
2, Princes Close, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated July 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Princes Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £393,015 and a rental value of £1,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,099 and a rental value of £1,641 per month.
Over the last 12 months the sale value of 2 Princes Close Newcastle Upon Tyne has increased by an estimated £2,047 (0.5%) and its rental value has increased by an estimated £49 per month (2.8%), giving an expected gross yield of 5.7%.
2, Princes Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Princes Close, Newcastle Upon Tyne within a radius of 750 metres over the last 2 years.
The most recent example is 56, Princes Road, Newcastle Upon Tyne, NE3 5AN, a leasehold house which sold for £320,000 on the 7th June 2024.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Close, Newcastle Upon Tyne, NE3 has a total of 19 addresses. According to our analysis of all the public data, 2, Princes Close, Newcastle Upon Tyne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in NE3.
The closest station to 2, Princes Close, Newcastle Upon Tyne is Manors station which is 5.9 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, Princes Close, Newcastle Upon Tyne, 62.5% of property is privately owned outright and 30.0% 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, Princes Close, Newcastle Upon Tyne, 13.3% of residents are recorded as possessing school level qualifications and 46.3% 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, Princes Close, Newcastle Upon Tyne, the average age was 43.1 and the most common age was 52.
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, Princes Close, Newcastle Upon Tyne, 2.9% 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, Princes Close, Newcastle Upon Tyne, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
