498, Elswick Road
498, Elswick Road
Description & Estimates
According to the public record, 498, Elswick Road, Newcastle Upon Tyne is a period apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 498, Elswick Road, Newcastle Upon Tyne is £165,119 and the estimated rental value is £741 per month.
Elswick Road, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
Our Data Sources
498, Elswick Road, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated November 2015.
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
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 498, Elswick Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £173,375 and a rental value of £778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,561 and a rental value of £689 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 498, Elswick Road, Newcastle Upon Tyne has moved up by £1,193 (0.7%), while its estimated rental value has increased by £26 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
498, Elswick Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2015.
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
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 498, Elswick Road, Newcastle Upon Tyne within a radius of 400 metres over the last 2 years.
The most recent example is 484, Elswick Road, Newcastle Upon Tyne, NE4 8ED, a leasehold flat which sold for £172,500 on the 12th October 2007.
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
Elswick Road, Newcastle Upon Tyne, NE4 has a total of 123 addresses. According to our analysis of all the public data, 498, Elswick Road, Newcastle Upon Tyne is the 63rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NE4.
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Schools Nearby
- 300mWest Newcastle Academy
- 300mSt Johns Primary School
- 400mCanning Street Primary School
- 1.4kmSacred Heart Catholic High School
- 1.7kmSt Cuthbert's High School
- 2.2kmKingsmeadow Community School
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Public Transport Nearby
The closest station to 498, Elswick Road, Newcastle Upon Tyne is MetroCentre station, which is 1.4 kilometres away.
- 1.4kmMetroCentre
- 2.4kmDunston
- 2.4kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
