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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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5, Meadow Close, Newcastle Upon Tyne is described in the public record as an early-century house with 763 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Meadow Close, Newcastle Upon Tyne is £137,640 and its rental estimate is £1,062 per month, given the available information and assuming reasonable condition.
Meadow Close, Newcastle Upon Tyne, NE12 falls within the NE12 postal district, in the borough of North Tyneside.
5, Meadow Close, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated January 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Meadow Close, Newcastle Upon Tyne, we estimate a market value of £144,522 and a rental value of £1,116 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,005 and £988 per month respectively.
Over the last year, 5, Meadow Close, Newcastle Upon Tyne has seen its estimated sale value rise by £1,219 (0.9%) and its estimated rental value move up by £43 per month (4.0%). This results in an estimated gross rental yield of 9.3%.
5, Meadow Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jan 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 5, Meadow Close, Newcastle Upon Tyne have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2023, was 24, Wheatfield Grove, Newcastle Upon Tyne, NE12 8DN, a freehold house which sold for £112,000.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Meadow Close, Newcastle Upon Tyne, NE12, 5, Meadow Close, Newcastle Upon Tyne comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the NE12 district.
From 5, Meadow Close, Newcastle Upon Tyne, the nearest station is Northumberland Park (Tyne & Wear), 4.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Meadow Close, Newcastle Upon Tyne, 55.2% of property is socially rented and 23.9% 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, Meadow Close, Newcastle Upon Tyne, 25.0% of residents are recorded as possessing school level qualifications and 22.0% 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, Meadow Close, Newcastle Upon Tyne, the average age was 39.4 and the most common age was 32.
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, Meadow Close, Newcastle Upon Tyne, 0.0% 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, Meadow Close, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
