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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Greystead Close, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 935 ft2 of internal area and sits on a 242 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Greystead Close, Newcastle Upon Tyne is £222,539 and the estimated rental value is £1,199 per month.
Greystead Close, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
5, Greystead Close, Newcastle Upon Tyne has a single entry in the Land Registry from August 2007 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 3 out of 5 and is considered of medium accuracy.
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 5, Greystead Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £233,666 and a rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,962 and a rental value of £1,115 per month.
Over the last 12 months the sale value of 5 Greystead Close Newcastle Upon Tyne has increased by an estimated £3,381 (1.5%) and its rental value has increased by an estimated £57 per month (4.8%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 5, Greystead Close, Newcastle Upon Tyne sits on a plot of 242m2.
We have plot size data on 8 out of 30 other houses in the postcode and 5, Greystead Close, Newcastle Upon Tyne sits on the 7th largest plot.
According to HM Land Registry, 5, Greystead Close, Newcastle Upon Tyne was last sold on 31st August 2007 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has dropped 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Greystead Close, Newcastle Upon Tyne within a radius of 560 metres over the last 2 years.
The most recent example is 17, Greystead Close, Newcastle Upon Tyne, NE5 1SR, a leasehold house which sold for £195,000 on the 27th March 2023.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greystead Close, Newcastle Upon Tyne, NE5 has a total of 30 addresses. According to our analysis of all the public data, 5, Greystead Close, Newcastle Upon Tyne is the 22nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in NE5.
The closest station to 5, Greystead Close, Newcastle Upon Tyne is Blaydon station which is 3.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Greystead Close, Newcastle Upon Tyne, 50.0% of property is privately owned outright and 40.5% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Greystead Close, Newcastle Upon Tyne, 14.6% of residents are recorded as possessing school level qualifications and 32.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Greystead Close, Newcastle Upon Tyne, the average age was 46.7 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Greystead Close, Newcastle Upon Tyne, 1.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Greystead Close, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
