Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
2, The Paddock, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 2,701 ft2 of internal area, sitting on a 1,233 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, The Paddock, Newcastle Upon Tyne is £698,338 and its rental estimate is £3,045 per month, given the available information and assuming reasonable condition.
The Paddock, Woolsington, Newcastle Upon Tyne, NE13 falls within the NE13 postal district, in the borough of Newcastle upon Tyne.
2, The Paddock, Newcastle Upon Tyne has a single entry in the Land Registry from February 2017 and a single entry in the EPC database dated December 2015.
We combine this information with that 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.
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, The Paddock, Newcastle Upon Tyne, we estimate a market value of £733,255 and a rental value of £3,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £649,454 and £2,832 per month respectively.
Over the last year, 2, The Paddock, Newcastle Upon Tyne has seen its estimated sale value move down by £7,109 (1.0%) and its estimated rental value increase by £37 per month (1.2%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 2, The Paddock, Newcastle Upon Tyne as measuring 1,233 m2.
That makes it the 2nd largest plot in the postcode, where all 5 other houses have recorded plot data.
2, The Paddock, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, The Paddock, Newcastle Upon Tyne completed on 20th February 2017 at £525,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.5% over the period since February 2017.
Over the past 2 years 3 properties similar to 2, The Paddock, Newcastle Upon Tyne have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2022, was 1, Broadfield Meadows, Newcastle Upon Tyne, NE13 8BB, a freehold house which sold for £574,995.
Read more about house prices in NE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 5 addresses on The Paddock, Woolsington, Newcastle Upon Tyne, NE13, 2, The Paddock, Newcastle Upon Tyne comes out as the largest and the most expensive in our analysis of the public data.
It is also £433k more expensive than the average property across the NE13 district.
From 2, The Paddock, Newcastle Upon Tyne, the nearest station is Blaydon, 6.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Paddock, Newcastle Upon Tyne, 52.9% of property is privately owned with a mortgage and 40.5% is privately owned outright.
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, The Paddock, Newcastle Upon Tyne, 21.0% of residents are recorded as possessing school level qualifications and 52.9% 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, The Paddock, Newcastle Upon Tyne, the average age was 40.2 and the most common age was 57.
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, The Paddock, Newcastle Upon Tyne, 1.3% 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, The Paddock, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
