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By comparing it to neighbours, we estimate that it is a mid-century house with 1,216 ft2 of internal area and sits on a 331 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Ormskirk Close, Newcastle Upon Tyne is £248,029 and the estimated rental value is £1,186 per month.
Ormskirk Close, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
3, Ormskirk Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in January 2021 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Ormskirk Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £260,431 and a rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,667 and a rental value of £1,103 per month.
Over the last 12 months the sale value of 3 Ormskirk Close Newcastle Upon Tyne has decreased by an estimated £738 (0.3%) and its rental value has increased by an estimated £38 per month (3.2%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 3, Ormskirk Close, Newcastle Upon Tyne sits on a plot of 331m2.
We have plot size data on 14 out of 26 other houses in the postcode and 3, Ormskirk Close, Newcastle Upon Tyne sits on the largest plot.
According to HM Land Registry, 3, Ormskirk Close, Newcastle Upon Tyne was last sold on 22nd January 2021 for £219,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since January 2021, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ormskirk Close, Newcastle Upon Tyne within a radius of 730 metres over the last 2 years.
The most recent example is 18, Ormskirk Close, Newcastle Upon Tyne, NE15 7XN, a leasehold house which sold for £239,950 on the 18th December 2020.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormskirk Close, Newcastle Upon Tyne, NE15 has a total of 26 addresses. According to our analysis of all the public data, 3, Ormskirk Close, Newcastle Upon Tyne is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in NE15.
The closest station to 3, Ormskirk Close, Newcastle Upon Tyne is Blaydon station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Ormskirk Close, Newcastle Upon Tyne, 59.3% of property is privately owned outright and 25.7% 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 3, Ormskirk Close, Newcastle Upon Tyne, 14.2% of residents are recorded as possessing school level qualifications and 20.5% 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 3, Ormskirk Close, Newcastle Upon Tyne, the average age was 41.4 and the most common age was 57.
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 3, Ormskirk Close, Newcastle Upon Tyne, 0.8% 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 3, Ormskirk Close, Newcastle Upon Tyne, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.