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By comparing it to neighbours, we estimate that it is a modern house with 1,163 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Larkrise Close, Newcastle Upon Tyne is £343,106 and the estimated rental value is £1,686 per month.
Larkrise Close, Newcastle Upon Tyne, NE7 is located in the borough of Newcastle upon Tyne within the NE7 postal district.
5, Larkrise Close, Newcastle Upon Tyne has a single entry in the Land Registry from March 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 2 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, Larkrise Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £360,262 and a rental value of £1,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,089 and a rental value of £1,568 per month.
Over the past 12 months, the estimated sale value of 5, Larkrise Close, Newcastle Upon Tyne has climbed by £1,883 (0.5%), while its estimated rental value has risen by £51 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 5.9%.
According to data from HM Land Registry, 5, Larkrise Close, Newcastle Upon Tyne sits on a plot of 620 m2.
We have plot size data on 14 out of 14 other houses in the postcode and 5, Larkrise Close, Newcastle Upon Tyne sits on the largest plot.
According to HM Land Registry, 5, Larkrise Close, Newcastle Upon Tyne was last sold on 2nd March 2007 for £284,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has dropped by 5.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Larkrise Close, Newcastle Upon Tyne within a radius of 660 metres over the last 2 years.
The most recent example is 38, Greenlee Drive, Newcastle Upon Tyne, NE7 7GA, a freehold house which sold for £317,000 on the 22nd November 2024.
Read more about house prices in NE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larkrise Close, Newcastle Upon Tyne, NE7 has a total of 14 addresses. According to our analysis of all the public data, 5, Larkrise Close, Newcastle Upon Tyne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in NE7.
The closest station to 5, Larkrise Close, Newcastle Upon Tyne is Manors station, which is 3.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Larkrise Close, Newcastle Upon Tyne, 57.6% of property is privately owned outright and 36.4% 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, Larkrise Close, Newcastle Upon Tyne, 17.3% of residents are recorded as possessing school level qualifications and 42.0% 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, Larkrise Close, Newcastle Upon Tyne, the average age was 41.2 and the most common age was 37.
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, Larkrise Close, Newcastle Upon Tyne, 1.2% 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, Larkrise Close, Newcastle Upon Tyne, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.