38, Thistle Way
38, Thistle Way
Description & Estimates
Public records show 38, Thistle Way, Newcastle Upon Tyne to be a modern freehold house with 785 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Thistle Way, Newcastle Upon Tyne has an estimated sale value of £237,463 and an estimated rental value of £1,289 per month, assuming reasonable condition and based on the information available.
Thistle Way, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
38, Thistle Way, Newcastle Upon Tyne has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated September 2024.
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
In very good condition, we estimate 38, Thistle Way, Newcastle Upon Tyne would be worth £249,337, with a potential rental value of £1,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,841, with a rental value of £1,199 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Thistle Way, Newcastle Upon Tyne has increased by £3,034 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (3.4%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
38, Thistle Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Thistle Way, Newcastle Upon Tyne last changed hands on 30th September 2024, selling for £224,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 41.3% since September 2024.
- Sold Sep 2024£224,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of 38, Thistle Way, Newcastle Upon Tyne across the last 2 years.
Most recently, 26, Thistle Way, Newcastle Upon Tyne, NE5 1FB, a freehold house, sold at £219,495 on the 29th November 2024.
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
Our analysis of the public data ranks 38, Thistle Way, Newcastle Upon Tyne as the 61st largest and the 65th most expensive of the 76 addresses on Thistle Way, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £78k more expensive than the typical property.
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Schools Nearby
- 800mSimonside Primary School
- 900mWesterhope Primary School
- 1.2kmSt Mark's Catholic Primary School, Westerhope
- 700mCallerton Academy
- 1.6kmStudio West
- 2.5kmWalbottle Academy
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Public Transport Nearby
Blaydon station is the nearest stop to 38, Thistle Way, Newcastle Upon Tyne at 4.7 kilometres away.
- 4.7kmBlaydon
- 6.0kmMetroCentre
- 7.2kmNewcastle
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
