47, Cross Parade
47, Cross Parade
Description & Estimates
47, Cross Parade, Newcastle Upon Tyne is described in the public record as a modern apartment with 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 47, Cross Parade, Newcastle Upon Tyne is £45,642 and its rental estimate is £331 per month, given the available information and assuming reasonable condition.
Cross Parade, Newcastle Upon Tyne, NE4 falls within the NE4 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
47, Cross Parade, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data 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 47, Cross Parade, Newcastle Upon Tyne, we estimate a market value of £47,924 and a rental value of £348 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £42,447 and £308 per month respectively.
Recent Market Change
Over the last year, 47, Cross Parade, Newcastle Upon Tyne has seen its estimated sale value fall by £337 (0.7%) and its estimated rental value move up by £5 per month (1.7%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
47, Cross Parade, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 47, Cross Parade, Newcastle Upon Tyne has sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th May 2023, was 1 Ashfield Lodge, Ashfield Close, Newcastle Upon Tyne, NE4 6RL, a leasehold flat which sold for £300,000.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Cross Parade, Newcastle Upon Tyne, NE4, 47, Cross Parade, Newcastle Upon Tyne comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the NE4 district.
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Schools Nearby
- 200mHawthorn Primary School
- 300mSt Paul's CofE Primary School
- 500mOur Lady and St Anne's Catholic Primary School
- 1.1kmNorth East Futures UTC
- 2.2kmSacred Heart Catholic High School
- 2.4kmKingsmeadow Community School
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Public Transport Nearby
From 47, Cross Parade, Newcastle Upon Tyne, the nearest station is Newcastle, 1.0 kilometres away.
- 1.0kmNewcastle
- 1.9kmManors
- 2.1kmDunston
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.
