5, Jefferson Place
5, Jefferson Place
Description & Estimates
5, Jefferson Place, Newcastle Upon Tyne is recorded publicly as a mid-century leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Jefferson Place, Newcastle Upon Tyne is £102,969 and its rental estimate is £649 per month, given the available information and assuming reasonable condition.
Jefferson Place, Newcastle Upon Tyne, NE4 falls within the NE4 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
5, Jefferson Place, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated June 2020.
We combine this information with that 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 5, Jefferson Place, Newcastle Upon Tyne, we estimate a market value of £108,117 and a rental value of £681 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,761 and £603 per month respectively.
Recent Market Change
Over the last year, 5, Jefferson Place, Newcastle Upon Tyne has seen its estimated sale value move down by £441 (0.4%) and its estimated rental value increase by £15 per month (2.3%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
5, Jefferson Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Jefferson Place, Newcastle Upon Tyne completed on 11th December 2023 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 19.3% over the period since December 2023.
- Sold Dec 2023£105,000
- Sold Apr 2008£73,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Jefferson Place, Newcastle Upon Tyne have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 16 Queens Court, Barrack Road, Newcastle Upon Tyne, NE4 6BJ, a leasehold flat which sold for £120,000.
Read more about house prices in NE4.
- Sold Feb 2024£120,000 | 3 Bed FlatBarrack Road16 Queens Court, Barrack Road, Newcastle Upon Tyne, NE4 6BJ
- Sold Dec 2019£102,500 | 2 Bed FlatBarrack Road120 Queens Court, Barrack Road, Newcastle Upon Tyne, NE4 6BN
- Sold Jul 2017£100,000 | 3 Bed FlatBarrack Road90 Queens Court, Barrack Road, Newcastle Upon Tyne, NE4 6BN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 440 metres of 5, Jefferson Place, Newcastle Upon Tyne.
The latest, in January 2024, was 47, Hamilton Place, Newcastle Upon Tyne, NE4 5ES, a freehold house let by North East Property.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 23 addresses on Jefferson Place, Newcastle Upon Tyne, NE4, 5, Jefferson Place, Newcastle Upon Tyne comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the NE4 district.
More reading links
Schools Nearby
- 400mMoorside Primary School
- 500mWestgate Hill Primary Academy
- 800mSt Paul's CofE Primary School
- 1.4kmNorth East Futures UTC
- 2.0kmSacred Heart Catholic High School
- 2.9kmSt Cuthbert's High School
More reading links
Public Transport Nearby
From 5, Jefferson Place, Newcastle Upon Tyne, the nearest station is Newcastle, 1.2 kilometres away.
- 1.2kmNewcastle
- 1.7kmManors
- 3.0kmMetroCentre
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
