24, Prospect Place
24, Prospect Place
Description & Estimates
Public records show 24, Prospect Place, Newcastle Upon Tyne to be a mid-century freehold house with 925 ft2 of internal area, sitting on a 98.9 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
24, Prospect Place, Newcastle Upon Tyne has an estimated sale value of £143,623 and an estimated rental value of £1,041 per month, assuming reasonable condition and based on the information available.
Prospect Place, Newcastle Upon Tyne, NE4 lies in the borough of Newcastle upon Tyne, within the NE4 postal district.
Our Data Sources
24, Prospect Place, Newcastle Upon Tyne has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated June 2021.
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
In very good condition, we estimate 24, Prospect Place, Newcastle Upon Tyne would be worth £150,804, with a potential rental value of £1,093 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,569, with a rental value of £968 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 24, Prospect Place, Newcastle Upon Tyne has moved up by £1,835 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.4%). The property's estimated gross yield is currently 8.7%.
Plot Size
24, Prospect Place, Newcastle Upon Tyne occupies a 99 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
24, Prospect Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Prospect Place, Newcastle Upon Tyne last changed hands on 6th December 2021, selling for £130,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.6% since December 2021.
- Sold Dec 2021£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 24, Prospect Place, Newcastle Upon Tyne across the last 2 years.
Most recently, 10, Cookson Close, Newcastle Upon Tyne, NE4 5RY, a freehold house, sold at £165,000 on the 11th March 2025.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 1 letting within 340 metres of 24, Prospect Place, Newcastle Upon Tyne across the last 2 years.
The newest of these is 47, Hamilton Place, Newcastle Upon Tyne, NE4 5ES, a freehold house let by North East Property in January 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 24, Prospect Place, Newcastle Upon Tyne as the 10th largest and the 10th most expensive of the 36 addresses on Prospect Place, Newcastle Upon Tyne, NE4.
Against the NE4 postcode district average, it is £16k less expensive than the typical property.
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Schools Nearby
- 100mWestgate Hill Primary Academy
- 300mMoorside Primary School
- 600mSt Paul's CofE Primary School
- 1.5kmNorth East Futures UTC
- 1.8kmSacred Heart Catholic High School
- 2.6kmSt Cuthbert's High School
More reading links
Public Transport Nearby
Newcastle station is the nearest stop to 24, Prospect Place, Newcastle Upon Tyne at 1.3 kilometres away.
- 1.3kmNewcastle
- 2.0kmManors
- 2.6kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
