55, Lazonby Way
55, Lazonby Way
Description & Estimates
According to the public record, 55, Lazonby Way, Newcastle Upon Tyne is a modern freehold house with 1,646 ft2 of internal area and sits on a 945 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Lazonby Way, Newcastle Upon Tyne is £340,494 and the estimated rental value is £1,580 per month.
Lazonby Way, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
Our Data Sources
55, Lazonby Way, Newcastle Upon Tyne has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 55, Lazonby Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £357,518 and a rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,659 and a rental value of £1,469 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Lazonby Way, Newcastle Upon Tyne has climbed by £184 (0.1%), while its estimated rental value has risen by £41 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Plot Size
According to data from HM Land Registry, 55, Lazonby Way, Newcastle Upon Tyne sits on a plot of 945 m2.
We have plot size data on 32 out of 44 other houses in the postcode and 55, Lazonby Way, Newcastle Upon Tyne sits on the largest plot.
Energy Efficiency
55, Lazonby Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 55, Lazonby Way, Newcastle Upon Tyne was last sold on 19th July 2019 for £287,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped by 1.3%.
- Sold Jul 2019£287,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Lazonby Way, Newcastle Upon Tyne within a radius of 490 metres over the last 2 years.
The most recent example is 20, Stonefold Close, Newcastle Upon Tyne, NE5 4BQ, a freehold house which sold for £286,000 on the 24th March 2023.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lazonby Way, Newcastle Upon Tyne, NE5 has a total of 120 addresses. According to our analysis of all the public data, 55, Lazonby Way, Newcastle Upon Tyne is the largest and the most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in NE5.
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Schools Nearby
- 200mFarne Primary School
- 600mHilton Primary Academy
- 600mCheviot Primary School
- 1.2kmStudio West
- 1.4kmCallerton Academy
- 1.7kmKenton School
More reading links
Public Transport Nearby
The closest station to 55, Lazonby Way, Newcastle Upon Tyne is Blaydon station, which is 4.2 kilometres away.
- 4.2kmBlaydon
- 4.6kmMetroCentre
- 5.3kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
