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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
According to the public record, 22, Greystead Close, Newcastle Upon Tyne is a mid-century leasehold house with 1,022 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Greystead Close, Newcastle Upon Tyne is £237,167 and the estimated rental value is £1,238 per month.
Greystead Close, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
22, Greystead Close, Newcastle Upon Tyne has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated January 2019.
We combine this information with that 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 22, Greystead Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £249,025 and a rental value of £1,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,565 and a rental value of £1,151 per month.
Over the last 12 months the sale value of 22 Greystead Close Newcastle Upon Tyne has increased by an estimated £3,603 (1.5%) and its rental value has increased by an estimated £59 per month (4.8%), giving an expected gross yield of 6.3%.
22, Greystead Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 22, Greystead Close, Newcastle Upon Tyne was last sold on 30th May 2019 for £178,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has dropped 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Greystead Close, Newcastle Upon Tyne within a radius of 580 metres over the last 2 years.
The most recent example is 13, Glenhurst Drive, Newcastle Upon Tyne, NE5 1SP, a leasehold house which sold for £210,000 on the 12th November 2024.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greystead Close, Newcastle Upon Tyne, NE5 has a total of 30 addresses. According to our analysis of all the public data, 22, Greystead Close, Newcastle Upon Tyne is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in NE5.
The closest station to 22, Greystead Close, Newcastle Upon Tyne is Blaydon station which is 3.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Greystead Close, Newcastle Upon Tyne, 50.0% of property is privately owned outright and 40.5% 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 22, Greystead Close, Newcastle Upon Tyne, 14.6% of residents are recorded as possessing school level qualifications and 32.5% 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 22, Greystead Close, Newcastle Upon Tyne, the average age was 46.7 and the most common age was 72.
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 22, Greystead Close, Newcastle Upon Tyne, 1.8% 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 22, Greystead Close, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
