500, Elswick Road
500, Elswick Road
Description & Estimates
The public record describes 500, Elswick Road, Newcastle Upon Tyne as a period apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
500, Elswick Road, Newcastle Upon Tyne has an estimated sale value of £166,586 and an estimated rental value of £749 per month, assuming reasonable condition and based on the information available.
Elswick Road, Newcastle Upon Tyne, NE4 lies in the borough of Newcastle upon Tyne, within the NE4 postal district.
Our Data Sources
500, Elswick Road, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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
In very good condition, we estimate 500, Elswick Road, Newcastle Upon Tyne would be worth £174,916, with a potential rental value of £786 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £154,925, with a rental value of £696 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 500, Elswick Road, Newcastle Upon Tyne has grown by £1,204 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (3.5%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
500, Elswick Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 390 metres of 500, Elswick Road, Newcastle Upon Tyne across the last 2 years.
Most recently, 484, Elswick Road, Newcastle Upon Tyne, NE4 8ED, a leasehold flat, sold at £172,500 on the 12th October 2007.
Read more about house prices in NE4.
•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 500, Elswick Road, Newcastle Upon Tyne as the 59th largest and the 14th most expensive of the 123 addresses on Elswick Road, Newcastle Upon Tyne, NE4.
Against the NE4 postcode district average, it is £7k more expensive than the typical property.
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Schools Nearby
- 300mWest Newcastle Academy
- 300mSt Johns Primary School
- 400mCanning Street Primary School
- 1.4kmSacred Heart Catholic High School
- 1.7kmSt Cuthbert's High School
- 2.2kmKingsmeadow Community School
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Public Transport Nearby
MetroCentre station is the nearest stop to 500, Elswick Road, Newcastle Upon Tyne at 1.4 kilometres away.
- 1.4kmMetroCentre
- 2.4kmDunston
- 2.4kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
