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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
41, Pilton Road, Newcastle Upon Tyne appears in the public record as a freehold house sitting on a 327 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 376 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 41, Pilton Road, Newcastle Upon Tyne is £122,280 and its rental estimate is £820 per month, given the available information and assuming reasonable condition.
Pilton Road, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
41, Pilton Road, Newcastle Upon Tyne has a single entry in the Land Registry from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 41, Pilton Road, Newcastle Upon Tyne, we estimate a market value of £128,394 and a rental value of £861 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,720 and £763 per month respectively.
Over the last year, 41, Pilton Road, Newcastle Upon Tyne has seen its estimated sale value move up by £1,644 (1.3%) and its estimated rental value increase by £32 per month (3.9%). This results in an estimated gross rental yield of 8.0%.
HM Land Registry records the plot of land for 41, Pilton Road, Newcastle Upon Tyne as measuring 327 m2.
That makes it the 3rd largest plot in the postcode, where 45 of the 49 other houses have recorded plot data.
The most recent sale of 41, Pilton Road, Newcastle Upon Tyne completed on 23rd November 2007 at £37,734 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.7% over the period since November 2007.
Over the past 2 years 3 properties have sold within 510 metres of 41, Pilton Road, Newcastle Upon Tyne, per the Land Registry and our network of Estate Agents.
The latest, on the 7th October 2022, was 47, Pilton Road, Newcastle Upon Tyne, NE5 4PP, a freehold house which sold for £154,000.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on Pilton Road, Newcastle Upon Tyne, NE5, 41, Pilton Road, Newcastle Upon Tyne comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the NE5 district.
From 41, Pilton Road, Newcastle Upon Tyne, the nearest station is Blaydon, 4.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 41, Pilton Road, Newcastle Upon Tyne, 34.8% of property is privately owned outright and 26.5% is socially 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 41, Pilton Road, Newcastle Upon Tyne, 15.6% of residents are recorded as possessing school level qualifications and 22.4% 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 41, Pilton Road, Newcastle Upon Tyne, the average age was 46.7 and the most common age was 72.
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 41, Pilton Road, Newcastle Upon Tyne, 0.6% 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 41, Pilton Road, Newcastle Upon Tyne, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
