41, Castlesteads Way
41, Castlesteads Way
Description & Estimates
According to the public record, 41, Castlesteads Way, Newcastle Upon Tyne is a modern freehold house with 764 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Castlesteads Way, Newcastle Upon Tyne is £180,691 and the estimated rental value is £1,058 per month.
Castlesteads Way, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
Our Data Sources
41, Castlesteads Way, Newcastle Upon Tyne has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated March 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
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 41, Castlesteads Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £189,726 and a rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,043 and a rental value of £984 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, Castlesteads Way, Newcastle Upon Tyne has risen by £1,661 (0.9%), while its estimated rental value has moved up by £41 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
41, Castlesteads Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 41, Castlesteads Way, Newcastle Upon Tyne was last sold on 20th March 2023 for £160,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has risen by 7.2%.
- Sold Mar 2023£160,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Castlesteads Way, Newcastle Upon Tyne within a radius of 750 metres over the last 2 years.
The most recent example is 40, Chapel Rigg Drive, Newcastle Upon Tyne, NE15 6EG, a freehold house which sold for £184,995 on the 22nd April 2024.
Read more about house prices in NE15.
- Sold Apr 2024£184,995 | 3 Bed HouseChapel Rigg Drive40, Chapel Rigg Drive, Newcastle Upon Tyne, NE15 6EG
- Sold Dec 2022£159,995 | 3 Bed HouseCastlesteads Way25, Castlesteads Way, Newcastle Upon Tyne, NE15 6EF
- Sold Oct 2022£159,995 | 3 Bed HouseCastlesteads Way35, Castlesteads Way, Newcastle Upon Tyne, NE15 6EF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Castlesteads Way, Newcastle Upon Tyne, NE15 has a total of 44 addresses. According to our analysis of all the public data, 41, Castlesteads Way, Newcastle Upon Tyne is the 42nd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in NE15.
More reading links
Schools Nearby
- 500mBridgewater Primary School
- 900mSt Joseph's Catholic Primary School, Benwell
- 1.1kmAtkinson Road Primary Academy
- 1.1kmSt Cuthbert's High School
- 2.0kmSacred Heart Catholic High School
- 2.8kmKingsmeadow Community School
More reading links
Public Transport Nearby
The closest station to 41, Castlesteads Way, Newcastle Upon Tyne is MetroCentre station, which is 1.5 kilometres away.
- 1.5kmMetroCentre
- 2.1kmBlaydon
- 3.3kmDunston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
