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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 40, Rectory Road, Newcastle Upon Tyne is a mid-century freehold house with 1,668 ft2 of internal area and sits on a 835 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Rectory Road, Newcastle Upon Tyne is £817,574 and the estimated rental value is £2,843 per month.
Rectory Road, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
40, Rectory Road, Newcastle Upon Tyne has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 40, Rectory Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £858,453 and a rental value of £2,985 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £760,344 and a rental value of £2,644 per month.
Over the last 12 months the sale value of 40 Rectory Road Newcastle Upon Tyne has increased by an estimated £4,471 (0.5%) and its rental value has increased by an estimated £79 per month (2.8%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 40, Rectory Road, Newcastle Upon Tyne sits on a plot of 835m2.
We have plot size data on 18 out of 18 other houses in the postcode and 40, Rectory Road, Newcastle Upon Tyne sits on the 10th largest plot.
40, Rectory Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Rectory Road, Newcastle Upon Tyne was last sold on 24th June 2016 for £626,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2016, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Rectory Road, Newcastle Upon Tyne within a radius of 540 metres over the last 2 years.
The most recent example is 22, Towers Avenue, Newcastle Upon Tyne, NE2 3QE, a freehold house which sold for £675,000 on the 25th May 2023.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Road, Newcastle Upon Tyne, NE3 has a total of 54 addresses. According to our analysis of all the public data, 40, Rectory Road, Newcastle Upon Tyne is the 27th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £524k more expensive than the average property in NE3.
The closest station to 40, Rectory Road, Newcastle Upon Tyne is Manors station which is 3.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 40, Rectory Road, Newcastle Upon Tyne, 58.1% of property is privately owned outright and 20.1% is privately rented.
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 40, Rectory Road, Newcastle Upon Tyne, 13.8% of residents are recorded as possessing school level qualifications and 64.8% 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 40, Rectory Road, Newcastle Upon Tyne, the average age was 41.4 and the most common age was 27.
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 40, Rectory Road, Newcastle Upon Tyne, 4.4% 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 40, Rectory Road, 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.
