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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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27, The Cedars, Newcastle Upon Tyne is recorded publicly as a mid-century leasehold house across 1,754 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 27, The Cedars, Newcastle Upon Tyne is £456,588 and its rental estimate is £1,774 per month, given the available information and assuming reasonable condition.
The Cedars, Whickham, Newcastle Upon Tyne, NE16 falls within the NE16 postal district, in the borough of Gateshead.
27, The Cedars, Newcastle Upon Tyne has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 27, The Cedars, Newcastle Upon Tyne, we estimate a market value of £479,417 and a rental value of £1,862 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £424,626 and £1,649 per month respectively.
Over the last year, 27, The Cedars, Newcastle Upon Tyne has seen its estimated sale value move down by £8,188 (1.8%) and its estimated rental value increase by £31 per month (1.8%). This results in an estimated gross rental yield of 4.7%.
27, The Cedars, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 27, The Cedars, Newcastle Upon Tyne completed on 7th March 2019 at £350,100 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 15.3% over the period since March 2019.
Over the past 2 years 3 properties similar to 27, The Cedars, Newcastle Upon Tyne have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 31, The Cedars, Newcastle Upon Tyne, NE16 5TJ, a leasehold house which sold for £435,000.
Read more about house prices in NE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 79 addresses on The Cedars, Whickham, Newcastle Upon Tyne, NE16, 27, The Cedars, Newcastle Upon Tyne comes out as the 14th largest and the 15th most expensive in our analysis of the public data.
It is also £235k more expensive than the average property across the NE16 district.
From 27, The Cedars, Newcastle Upon Tyne, the nearest station is MetroCentre, 2.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, The Cedars, Newcastle Upon Tyne, 51.2% of property is privately owned outright and 35.4% 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 27, The Cedars, Newcastle Upon Tyne, 21.5% of residents are recorded as possessing school level qualifications and 50.4% 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 27, The Cedars, Newcastle Upon Tyne, the average age was 49.6 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 27, The Cedars, Newcastle Upon Tyne, 1.9% 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 27, The Cedars, Newcastle Upon Tyne, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
