5, Cornel Road
5, Cornel Road
Description & Estimates
The public record describes 5, Cornel Road, Newcastle Upon Tyne as an early-century apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
5, Cornel Road, Newcastle Upon Tyne has an estimated sale value of £153,904 and an estimated rental value of £1,058 per month, assuming reasonable condition and based on the information available.
Cornel Road, Newcastle Upon Tyne, NE7 lies in the borough of Newcastle upon Tyne, within the NE7 postal district.
Our Data Sources
5, Cornel Road, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated December 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Cornel Road, Newcastle Upon Tyne would be worth £161,600, with a potential rental value of £1,111 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £143,131, with a rental value of £984 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Cornel Road, Newcastle Upon Tyne has moved up by £1,508 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £39 (3.7%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
5, Cornel Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 5, Cornel Road, Newcastle Upon Tyne across the last 2 years.
Most recently, 12, Cornel Road, Newcastle Upon Tyne, NE7 7PT, a leasehold flat, sold at £125,000 on the 31st January 2025.
Read more about house prices in NE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Cornel Road, Newcastle Upon Tyne as the 41st largest and the 41st most expensive of the 42 addresses on Cornel Road, Newcastle Upon Tyne, NE7.
Against the NE7 postcode district average, it is £29k less expensive than the typical property.
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Schools Nearby
- 500mCragside Primary School
- 700mBenton Park Primary School
- 800mRavenswood Primary School
- 800mJesmond Park Academy
- 1.4kmSt Mary's Catholic School
- 1.6kmBenfield School
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Public Transport Nearby
Manors station is the nearest stop to 5, Cornel Road, Newcastle Upon Tyne at 3.3 kilometres away.
- 3.3kmManors
- 4.1kmNewcastle
- 5.4kmHeworth
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
