3, Colebridge Close
3, Colebridge Close
Description & Estimates
3, Colebridge Close, Newcastle Upon Tyne is recorded publicly as a mid-century freehold house across 678 ft2 of internal area, sitting on a 110 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Colebridge Close, Newcastle Upon Tyne is £134,486 and its rental estimate is £1,031 per month, given the available information and assuming reasonable condition.
Colebridge Close, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
3, Colebridge Close, Newcastle Upon Tyne has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated May 2021.
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.
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, Colebridge Close, Newcastle Upon Tyne, we estimate a market value of £141,210 and a rental value of £1,083 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,072 and £959 per month respectively.
Recent Market Change
Over the last year, 3, Colebridge Close, Newcastle Upon Tyne has seen its estimated sale value climb by £1,718 (1.3%) and its estimated rental value rise by £35 per month (3.4%). This results in an estimated gross rental yield of 9.2%.
Plot Size
HM Land Registry records the plot of land for 3, Colebridge Close, Newcastle Upon Tyne as measuring 110 m2.
That makes it the 20th largest plot in the postcode, where 28 of the 36 other houses have recorded plot data.
Energy Efficiency
3, Colebridge Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 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
The most recent sale of 3, Colebridge Close, Newcastle Upon Tyne completed on 8th October 2021 at £110,000 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 risen by 20.4% over the period since October 2021.
- Sold Oct 2021£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Colebridge Close, Newcastle Upon Tyne have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2024, was 4, Colebridge Close, Newcastle Upon Tyne, NE5 3UE, a freehold house which sold for £135,000.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Colebridge Close, Newcastle Upon Tyne, NE5, 3, Colebridge Close, Newcastle Upon Tyne comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the NE5 district.
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Schools Nearby
- 700mKenton Bar Primary School
- 700mHilton Primary Academy
- 900mThomas Walling Primary Academy
- 1.0kmKenton School
- 1.9kmCallerton Academy
- 2.0kmStudio West
More reading links
Public Transport Nearby
From 3, Colebridge Close, Newcastle Upon Tyne, the nearest station is MetroCentre, 4.6 kilometres away.
- 4.6kmMetroCentre
- 4.7kmBlaydon
- 4.9kmNewcastle
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.
