3, Alder Way
3, Alder Way
Description & Estimates
3, Alder Way, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,506 ft2 of internal area, sitting on a 433 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Alder Way, Newcastle Upon Tyne is £353,147 and its rental estimate is £1,258 per month, given the available information and assuming reasonable condition.
Alder Way, Newcastle Upon Tyne, NE15 falls within the NE15 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
3, Alder Way, Newcastle Upon Tyne has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, Alder Way, Newcastle Upon Tyne, we estimate a market value of £370,805 and a rental value of £1,321 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £328,427 and £1,170 per month respectively.
Recent Market Change
Over the last year, 3, Alder Way, Newcastle Upon Tyne has seen its estimated sale value move up by £149 (0.0%) and its estimated rental value increase by £37 per month (2.9%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 3, Alder Way, Newcastle Upon Tyne as measuring 433 m2.
That makes it the largest plot in the postcode, where 19 of the 22 other houses have recorded plot data.
Energy Efficiency
3, Alder Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Alder Way, Newcastle Upon Tyne completed on 9th September 2020 at £329,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.5% over the period since September 2020.
- Sold Sep 2020£329,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Alder Way, Newcastle Upon Tyne have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2025, was 2, Alder Way, Newcastle Upon Tyne, NE15 9DD, a freehold house which sold for £368,000.
Read more about house prices in NE15.
- Sold Aug 2025£368,000 | 4 Bed House2, Alder Way, Newcastle Upon Tyne, NE15 9DD2, Alder Way, Newcastle Upon Tyne, NE15 9DD
- Sold Feb 2025£358,000 | 4 Bed House4, Pine Grove, Newcastle Upon Tyne, NE15 9DE4, Pine Grove, Newcastle Upon Tyne, NE15 9DE
- Sold Dec 2020£332,950 | 4 Bed House6, Alder Way, Newcastle Upon Tyne, NE15 9DD6, Alder Way, Newcastle Upon Tyne, NE15 9DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Alder Way, Newcastle Upon Tyne, NE15, 3, Alder Way, Newcastle Upon Tyne comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £182k more expensive than the average property across the NE15 district.
More reading links
Schools Nearby
- 200mThrockley Primary School
- 1.7kmSt Cuthbert's Catholic Primary School
- 1.8kmWalbottle Village Primary School
- 1.3kmWalbottle Academy
- 3.1kmThorp Academy
- 4.1kmStudio West
More reading links
Public Transport Nearby
From 3, Alder Way, Newcastle Upon Tyne, the nearest station is Wylam, 4.3 kilometres away.
- 4.3kmWylam
- 4.8kmBlaydon
- 7.5kmPrudhoe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
