42, The Paddock
42, The Paddock
Description & Estimates
42, The Paddock, Newcastle Upon Tyne is recorded publicly as a mid-century freehold house across 1,969 ft2 of internal area, sitting on a 1,429 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 42, The Paddock, Newcastle Upon Tyne is £434,549 and its rental estimate is £1,552 per month, given the available information and assuming reasonable condition.
The Paddock, Newcastle Upon Tyne, NE15 falls within the NE15 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
42, The Paddock, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Paddock, Newcastle Upon Tyne, we estimate a market value of £456,276 and a rental value of £1,629 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £404,130 and £1,443 per month respectively.
Recent Market Change
Over the last year, 42, The Paddock, Newcastle Upon Tyne has seen its estimated sale value drop by £3,207 (0.7%) and its estimated rental value rise by £30 per month (1.9%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 42, The Paddock, Newcastle Upon Tyne as measuring 1,429 m2.
That makes it the largest plot in the postcode, where all 42 other houses have recorded plot data.
Energy Efficiency
42, The Paddock, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, The Paddock, Newcastle Upon Tyne completed on 29th October 2021 at £390,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 19.8% over the period since October 2021.
- Sold Oct 2021£390,000
- Sold Aug 1995£153,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, The Paddock, Newcastle Upon Tyne have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2022, was 34, The Paddock, Newcastle Upon Tyne, NE15 8JG, a freehold house which sold for £371,000.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on The Paddock, Newcastle Upon Tyne, NE15, 42, The Paddock, Newcastle Upon Tyne comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £264k more expensive than the average property across the NE15 district.
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Schools Nearby
- 200mWalbottle Village Primary School
- 300mSt Cuthbert's Catholic Primary School
- 600mNewburn Manor Primary School
- 600mWalbottle Academy
- 2.6kmStudio West
- 3.1kmThorp Academy
More reading links
Public Transport Nearby
From 42, The Paddock, Newcastle Upon Tyne, the nearest station is Blaydon, 3.3 kilometres away.
- 3.3kmBlaydon
- 5.1kmWylam
- 5.9kmMetroCentre
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
