2, West Mews
2, West Mews
Description & Estimates
Public records show 2, West Mews, Newcastle Upon Tyne to be a modern leasehold apartment with 2,357 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2, West Mews, Newcastle Upon Tyne has an estimated sale value of £1,156,675 and an estimated rental value of £4,536 per month, assuming reasonable condition and based on the information available.
West Mews, Gosforth, Newcastle Upon Tyne, NE3 lies in the borough of Newcastle upon Tyne, within the NE3 postal district.
Our Data Sources
2, West Mews, Newcastle Upon Tyne has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, West Mews, Newcastle Upon Tyne would be worth £1,214,509, with a potential rental value of £4,763 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,075,708, with a rental value of £4,218 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, West Mews, Newcastle Upon Tyne has fallen by £3,935 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £83 (1.8%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
2, West Mews, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 10 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
2, West Mews, Newcastle Upon Tyne last changed hands on 5th September 2023, selling for £1,000,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 49.0% since September 2023.
- Sold Sep 2023£1,000,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 510 metres of 2, West Mews, Newcastle Upon Tyne across the last 2 years.
Most recently, 1, West Mews, Newcastle Upon Tyne, NE3 4DG, a leasehold flat, sold at £1,085,000 on the 20th December 2023.
Read more about house prices in NE3.
•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, West Mews, Newcastle Upon Tyne as the 3rd largest and the 3rd most expensive of the 4 addresses on West Mews, Gosforth, Newcastle Upon Tyne, NE3.
Against the NE3 postcode district average, it is £864k more expensive than the typical property.
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Schools Nearby
- 400mArchibald First School
- 800mSouth Gosforth First School
- 900mSt Charles' Catholic Primary School
- 1.0kmGosforth Academy
- 1.8kmSt Mary's Catholic School
- 2.2kmKenton School
More reading links
Public Transport Nearby
Manors station is the nearest stop to 2, West Mews, Newcastle Upon Tyne at 3.7 kilometres away.
- 3.7kmManors
- 4.0kmNewcastle
- 5.8kmMetroCentre
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
