3, Butterburn Close
3, Butterburn Close
Description & Estimates
3, Butterburn Close, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,797 ft2 of internal area, sitting on a 345 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3, Butterburn Close, Newcastle Upon Tyne is £523,076 and its rental estimate is £2,058 per month, given the available information and assuming reasonable condition.
Butterburn Close, Newcastle Upon Tyne, NE7 falls within the NE7 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
3, Butterburn Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in October 2013 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, Butterburn Close, Newcastle Upon Tyne, we estimate a market value of £549,230 and a rental value of £2,161 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £486,461 and £1,914 per month respectively.
Recent Market Change
Over the last year, 3, Butterburn Close, Newcastle Upon Tyne has seen its estimated sale value decline by £2,838 (0.5%) and its estimated rental value climb by £47 per month (2.3%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 3, Butterburn Close, Newcastle Upon Tyne as measuring 345 m2.
That makes it the 10th largest plot in the postcode, where all 12 other houses have recorded plot data.
Energy Efficiency
3, Butterburn Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Butterburn Close, Newcastle Upon Tyne completed on 2nd October 2013 at £353,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 4.9% over the period since October 2013.
- Sold Oct 2013£353,000
- Sold Oct 2000£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Butterburn Close, Newcastle Upon Tyne have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 39, Nunwick Way, Newcastle Upon Tyne, NE7 7GB, a freehold house which sold for £537,500.
Read more about house prices in NE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Butterburn Close, Newcastle Upon Tyne, NE7, 3, Butterburn Close, Newcastle Upon Tyne comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £340k more expensive than the average property across the NE7 district.
More reading links
Schools Nearby
- 900mRedesdale Primary School
- 1.2kmBenton Park Primary School
- 1.3kmWallsend Jubilee Primary School
- 1.3kmBenfield School
- 1.9kmJesmond Park Academy
- 2.0kmLongbenton High School
More reading links
Public Transport Nearby
From 3, Butterburn Close, Newcastle Upon Tyne, the nearest station is Manors, 4.2 kilometres away.
- 4.2kmManors
- 4.4kmNorthumberland Park (Tyne & Wear)
- 5.1kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
