2, Vicus Street
2, Vicus Street
Description & Estimates
2, Vicus Street, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 2,238 ft2 of internal area, sitting on a 714 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Vicus Street, Newcastle Upon Tyne is £593,435 and its rental estimate is £2,588 per month, given the available information and assuming reasonable condition.
Vicus Street, Newcastle Upon Tyne, NE4 falls within the NE4 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
2, Vicus Street, Newcastle Upon Tyne has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated September 2020.
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.
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, Vicus Street, Newcastle Upon Tyne, we estimate a market value of £623,106 and a rental value of £2,717 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £551,894 and £2,407 per month respectively.
Recent Market Change
Over the last year, 2, Vicus Street, Newcastle Upon Tyne has seen its estimated sale value decline by £5,686 (1.0%) and its estimated rental value climb by £41 per month (1.6%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Vicus Street, Newcastle Upon Tyne as measuring 714 m2.
That makes it the largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
2, Vicus Street, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Vicus Street, Newcastle Upon Tyne completed on 17th January 2022 at £554,995 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 dropped by 36.8% over the period since January 2022.
- Sold Jan 2022£554,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Vicus Street, Newcastle Upon Tyne have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 3, Asturian Way, Newcastle Upon Tyne, NE4 9BG, a freehold house which sold for £660,000.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Vicus Street, Newcastle Upon Tyne, NE4, 2, Vicus Street, Newcastle Upon Tyne comes out as the largest and the most expensive in our analysis of the public data.
It is also £434k more expensive than the average property across the NE4 district.
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Schools Nearby
- 600mSacred Heart Primary School
- 700mCanning Street Primary School
- 700mStocksfield Avenue Primary School
- 500mSacred Heart Catholic High School
- 700mSt Cuthbert's High School
- 2.8kmStudio West
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Public Transport Nearby
From 2, Vicus Street, Newcastle Upon Tyne, the nearest station is MetroCentre, 2.2 kilometres away.
- 2.2kmMetroCentre
- 3.2kmNewcastle
- 3.4kmBlaydon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
