40, Carnation Way
40, Carnation Way
Description & Estimates
Public records show 40, Carnation Way, Newcastle Upon Tyne to be a modern freehold house with 753 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Carnation Way, Newcastle Upon Tyne has an estimated sale value of £233,436 and an estimated rental value of £1,287 per month, assuming reasonable condition and based on the information available.
Carnation Way, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
40, Carnation Way, Newcastle Upon Tyne has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Carnation Way, Newcastle Upon Tyne would be worth £245,107, with a potential rental value of £1,351 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £217,095, with a rental value of £1,197 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 40, Carnation Way, Newcastle Upon Tyne has risen by £2,983 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (3.4%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
40, Carnation Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Carnation Way, Newcastle Upon Tyne last changed hands on 30th November 2023, selling for £202,995. 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 42.5% since November 2023.
- Sold Nov 2023£202,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 40, Carnation Way, Newcastle Upon Tyne across the last 2 years.
Most recently, 4, Marigold Way, Newcastle Upon Tyne, NE5 1DL, a freehold house, sold at £192,995 on the 1st August 2024.
Read more about house prices in NE5.
- Sold Aug 2024£192,995 | 3 Bed House4, Marigold Way, Newcastle Upon Tyne, NE5 1DL4, Marigold Way, Newcastle Upon Tyne, NE5 1DL
- Sold Apr 2024£189,995 | 3 Bed House6, Marigold Way, Newcastle Upon Tyne, NE5 1DL6, Marigold Way, Newcastle Upon Tyne, NE5 1DL
- Sold Jan 2024£203,995 | 3 Bed House42, Carnation Way, Newcastle Upon Tyne, NE5 1DH42, Carnation Way, Newcastle Upon Tyne, NE5 1DH
•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 40, Carnation Way, Newcastle Upon Tyne as the 39th largest and the 35th most expensive of the 39 addresses on Carnation Way, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £74k more expensive than the typical property.
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Schools Nearby
- 1.0kmWesterhope Primary School
- 1.1kmSimonside Primary School
- 1.2kmMilecastle Primary School
- 1.1kmCallerton Academy
- 1.8kmStudio West
- 2.2kmWalbottle Academy
More reading links
Public Transport Nearby
Blaydon station is the nearest stop to 40, Carnation Way, Newcastle Upon Tyne at 4.7 kilometres away.
- 4.7kmBlaydon
- 6.2kmMetroCentre
- 7.4kmWylam
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
