5, Greely Road
5, Greely Road
Description & Estimates
The public record lists 5, Greely Road, Newcastle Upon Tyne as a freehold house sitting on a 183 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,052 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
5, Greely Road, Newcastle Upon Tyne has an estimated sale value of £186,538 and an estimated rental value of £1,217 per month, assuming reasonable condition and based on the information available.
Greely Road, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
5, Greely Road, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Greely Road, Newcastle Upon Tyne would be worth £195,865, with a potential rental value of £1,277 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,480, with a rental value of £1,131 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, Greely Road, Newcastle Upon Tyne has moved up by £2,383 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (3.4%). The property's estimated gross yield is currently 7.8%.
Plot Size
5, Greely Road, Newcastle Upon Tyne occupies a 183 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 10th largest.
Sold Prices
5, Greely Road, Newcastle Upon Tyne last changed hands on 22nd May 2009, selling for £134,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 77.0% since May 2009.
- Sold May 2009£134,950
- Sold Jan 1998£47,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 5, Greely Road, Newcastle Upon Tyne across the last 2 years.
Most recently, 152, West Avenue, Newcastle Upon Tyne, NE5 5JH, a freehold house, sold at £160,000 on the 20th August 2024.
Read more about house prices in NE5.
- Sold Aug 2024£160,000 | 4 Bed House152, West Avenue, Newcastle Upon Tyne, NE5 5JH152, West Avenue, Newcastle Upon Tyne, NE5 5JH
- Sold May 2024£180,000 | 3 Bed House1, Greely Road, Newcastle Upon Tyne, NE5 5LD1, Greely Road, Newcastle Upon Tyne, NE5 5LD
- Sold Jun 2022£204,000 | 3 Bed House146A, West Avenue, Newcastle Upon Tyne, NE5 5JH146A, West Avenue, Newcastle Upon Tyne, NE5 5JH
•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, Greely Road, Newcastle Upon Tyne as the largest and the most expensive of the 57 addresses on Greely Road, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £27k more expensive than the typical property.
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Schools Nearby
- 200mBeech Hill Primary School
- 800mWesterhope Primary School
- 800mFarne Primary School
- 200mStudio West
- 1.5kmCallerton Academy
- 2.2kmSt Cuthbert's High School
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Public Transport Nearby
Blaydon station is the nearest stop to 5, Greely Road, Newcastle Upon Tyne at 3.4 kilometres away.
- 3.4kmBlaydon
- 4.5kmMetroCentre
- 5.8kmNewcastle
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.
