4, Shrewsbury Close
4, Shrewsbury Close
Description & Estimates
Public records show 4, Shrewsbury Close, Newcastle Upon Tyne to be a modern leasehold house with 1,011 ft2 of internal area, sitting on a 400 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Shrewsbury Close, Newcastle Upon Tyne has an estimated sale value of £377,837 and an estimated rental value of £1,780 per month, assuming reasonable condition and based on the information available.
Shrewsbury Close, Newcastle Upon Tyne, NE7 lies in the borough of Newcastle upon Tyne, within the NE7 postal district.
Our Data Sources
4, Shrewsbury Close, Newcastle Upon Tyne has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated March 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 4, Shrewsbury Close, Newcastle Upon Tyne would be worth £396,729, with a potential rental value of £1,869 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £351,389, with a rental value of £1,656 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 4, Shrewsbury Close, Newcastle Upon Tyne has risen by £9,183 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £75 (4.2%). The property's estimated gross yield is currently 5.7%.
Plot Size
4, Shrewsbury Close, Newcastle Upon Tyne occupies a 400 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
4, Shrewsbury Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Shrewsbury Close, Newcastle Upon Tyne last changed hands on 21st June 2024, selling for £325,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 36.1% since June 2024.
- Sold Jun 2024£325,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 102 sales of comparable properties within 710 metres of 4, Shrewsbury Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 19, Westminster Way, Newcastle Upon Tyne, NE7 7YU, a leasehold house, sold at £283,000 on the 31st October 2024.
Read more about house prices in NE7.
- Sold Oct 2024£283,000 | 3 Bed House19, Westminster Way, Newcastle Upon Tyne, NE7 7YU19, Westminster Way, Newcastle Upon Tyne, NE7 7YU
- Sold May 2024£305,000 | 3 Bed House36, Old Campus Close, Newcastle Upon Tyne, NE7 7QB36, Old Campus Close, Newcastle Upon Tyne, NE7 7QB
- Sold Sep 2020£242,500 | 4 Bed House4, Westminster Way, Newcastle Upon Tyne, NE7 7YU4, Westminster Way, Newcastle Upon Tyne, NE7 7YU
•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 4, Shrewsbury Close, Newcastle Upon Tyne as the 22nd largest and the 22nd most expensive of the 28 addresses on Shrewsbury Close, Newcastle Upon Tyne, NE7.
Against the NE7 postcode district average, it is £192k more expensive than the typical property.
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Schools Nearby
- Benton Park Primary School700 m away
- St Stephen's Catholic Primary School, Newcastle1.2 km away
- Cragside Primary School1.2 km away
- Jesmond Park Academy1.6 km away
- Benfield School1.6 km away
- St Mary's Catholic School1.6 km away
More reading links
Public Transport Nearby
Manors station is the nearest stop to 4, Shrewsbury Close, Newcastle Upon Tyne at 4.0 kilometres away.
- Manors|4.0 km away
- Northumberland Park (Tyne & Wear)|4.6 km away
- Newcastle|4.9 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
