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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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Public records show 40, The Paddock, Newcastle Upon Tyne to be a mid-century freehold house with 1,496 ft2 of internal area, sitting on a 330 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, The Paddock, Newcastle Upon Tyne has an estimated sale value of £385,316 and an estimated rental value of £1,378 per month, assuming reasonable condition and based on the information available.
The Paddock, Newcastle Upon Tyne, NE15 lies in the borough of Newcastle upon Tyne, within the NE15 postal district.
40, The Paddock, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated October 2022.
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.
In very good condition, we estimate 40, The Paddock, Newcastle Upon Tyne would be worth £404,582, with a potential rental value of £1,447 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £358,344, with a rental value of £1,281 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, The Paddock, Newcastle Upon Tyne has risen by £162 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £40 (2.9%). The property's estimated gross yield is currently 4.3%.
40, The Paddock, Newcastle Upon Tyne occupies a 330 m2 plot as recorded by HM Land Registry.
All 42 other houses in this postcode have recorded plot sizes, and this one ranks as the 41st largest.
40, The Paddock, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40, The Paddock, Newcastle Upon Tyne last changed hands on 8th February 2013, selling for £265,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 9.9% since February 2013.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 930 metres of 40, The Paddock, Newcastle Upon Tyne across the last 2 years.
Most recently, 6, The Paddock, Newcastle Upon Tyne, NE15 8JG, a freehold house, sold at £350,000 on the 26th January 2024.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, The Paddock, Newcastle Upon Tyne as the 15th largest and the 15th most expensive of the 42 addresses on The Paddock, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £214k more expensive than the typical property.
Blaydon station is the nearest stop to 40, The Paddock, Newcastle Upon Tyne at 3.3 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, The Paddock, Newcastle Upon Tyne, 49.2% of property is privately owned outright and 22.6% 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 40, The Paddock, Newcastle Upon Tyne, 16.2% of residents are recorded as possessing school level qualifications and 36.9% 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, The Paddock, Newcastle Upon Tyne, the average age was 42.6 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 40, The Paddock, Newcastle Upon Tyne, 0.7% 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, The Paddock, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
