42, Colliery Close
42, Colliery Close
Description & Estimates
42, Colliery Close, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,345 ft2 of internal area, sitting on a 356 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 42, Colliery Close, Newcastle Upon Tyne is £418,193 and its rental estimate is £1,748 per month, given the available information and assuming reasonable condition.
Colliery Close, Benton, Newcastle Upon Tyne, NE12 falls within the NE12 postal district, in the borough of North Tyneside.
Our Data Sources
42, Colliery Close, Newcastle Upon Tyne has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 42, Colliery Close, Newcastle Upon Tyne, we estimate a market value of £439,102 and a rental value of £1,836 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £388,919 and £1,626 per month respectively.
Recent Market Change
Over the last year, 42, Colliery Close, Newcastle Upon Tyne has seen its estimated sale value drop by £2,377 (0.6%) and its estimated rental value rise by £46 per month (2.6%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 42, Colliery Close, Newcastle Upon Tyne as measuring 356 m2.
That makes it the 7th largest plot in the postcode, where all 45 other houses have recorded plot data.
Energy Efficiency
42, Colliery Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Colliery Close, Newcastle Upon Tyne completed on 7th October 2015 at £324,575 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 dropped by 8.9% over the period since October 2015.
- Sold Oct 2015£324,575
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Colliery Close, Newcastle Upon Tyne have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 40, Colliery Close, Newcastle Upon Tyne, NE12 9TR, a freehold house which sold for £350,000.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Colliery Close, Benton, Newcastle Upon Tyne, NE12, 42, Colliery Close, Newcastle Upon Tyne comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £213k more expensive than the average property across the NE12 district.
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Schools Nearby
- 900mRedesdale Primary School
- 1.0kmSt Bartholomew's Church of England Primary School (Aided)
- 1.0kmSt Stephen's Catholic Primary School, Newcastle
- 1.5kmLongbenton High School
- 1.9kmBenfield School
- 2.0kmSt Mary's Catholic School
More reading links
Public Transport Nearby
From 42, Colliery Close, Newcastle Upon Tyne, the nearest station is Northumberland Park (Tyne & Wear), 4.0 kilometres away.
- 4.0kmNorthumberland Park (Tyne & Wear)
- 4.6kmManors
- 5.5kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
