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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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The public record describes 20, Chestnut Close, Newcastle Upon Tyne as a modern apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
20, Chestnut Close, Newcastle Upon Tyne has an estimated sale value of £71,459 and an estimated rental value of £608 per month, assuming reasonable condition and based on the information available.
Chestnut Close, Newcastle Upon Tyne, NE12 lies in the borough of North Tyneside, within the NE12 postal district.
20, Chestnut Close, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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.
In very good condition, we estimate 20, Chestnut Close, Newcastle Upon Tyne would be worth £75,032, with a potential rental value of £638 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £66,457, with a rental value of £565 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 20, Chestnut Close, Newcastle Upon Tyne has declined by £489 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (2.2%). The property's estimated gross yield is currently 10.2%.
20, Chestnut Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 20, Chestnut Close, Newcastle Upon Tyne across the last 2 years.
Most recently, Flat, Grey Horse , Front Street, Newcastle Upon Tyne, NE12 5UT, a leasehold flat, sold at £170,000 on the 8th November 2021.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 20, Chestnut Close, Newcastle Upon Tyne as the 24th largest and the 26th most expensive of the 35 addresses on Chestnut Close, Newcastle Upon Tyne, NE12.
Against the NE12 postcode district average, it is £134k less expensive than the typical property.
Northumberland Park (Tyne & Wear) station is the nearest stop to 20, Chestnut Close, Newcastle Upon Tyne at 3.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Chestnut Close, Newcastle Upon Tyne, 62.5% of property is socially rented and 18.0% 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 20, Chestnut Close, Newcastle Upon Tyne, 23.1% of residents are recorded as possessing school level qualifications and 17.0% 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 20, Chestnut Close, Newcastle Upon Tyne, the average age was 40.7 and the most common age was 32.
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 20, Chestnut Close, Newcastle Upon Tyne, 0.7% 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 20, Chestnut Close, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
