263, Kenton Lane
263, Kenton Lane
Description & Estimates
263, Kenton Lane, Newcastle Upon Tyne appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 908 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 263, Kenton Lane, Newcastle Upon Tyne is £132,440 and its rental estimate is £895 per month, given the available information and assuming reasonable condition.
Kenton Lane, Newcastle Upon Tyne, NE3 falls within the NE3 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
263, Kenton Lane, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 263, Kenton Lane, Newcastle Upon Tyne, we estimate a market value of £139,062 and a rental value of £940 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,169 and £832 per month respectively.
Recent Market Change
Over the last year, 263, Kenton Lane, Newcastle Upon Tyne has seen its estimated sale value move down by £451 (0.3%) and its estimated rental value increase by £16 per month (1.8%). This results in an estimated gross rental yield of 8.1%.
Sold Prices
The most recent sale of 263, Kenton Lane, Newcastle Upon Tyne completed on 20th April 2007 at £131,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.8% over the period since April 2007.
- Sold Apr 2007£131,995
- Sold Jun 2006£131,995
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 263, Kenton Lane, Newcastle Upon Tyne have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2007, was 60, Ashover Road, Newcastle Upon Tyne, NE3 3GH, a leasehold flat which sold for £130,995.
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
Of the 179 addresses on Kenton Lane, Newcastle Upon Tyne, NE3, 263, Kenton Lane, Newcastle Upon Tyne comes out as the 143rd largest and the 159th most expensive in our analysis of the public data.
It is also £161k less expensive than the average property across the NE3 district.
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Schools Nearby
- 400mKenton Bar Primary School
- 600mSt Cuthberts Catholic Primary School, Kenton
- 1.0kmMountfield Primary School
- 500mKenton School
- 2.2kmCallerton Academy
- 2.2kmSacred Heart Catholic High School
More reading links
Public Transport Nearby
From 263, Kenton Lane, Newcastle Upon Tyne, the nearest station is Newcastle, 4.8 kilometres away.
- 4.8kmNewcastle
- 4.8kmMetroCentre
- 5.0kmManors
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
