56, Moorhead
56, Moorhead
Description & Estimates
According to the public record, 56, Moorhead, Newcastle Upon Tyne is an early-century apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Moorhead, Newcastle Upon Tyne is £57,651 and the estimated rental value is £479 per month.
Moorhead, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
Our Data Sources
56, Moorhead, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 56, Moorhead, Newcastle Upon Tyne is in very good condition we estimate a sale value of £60,534 and a rental value of £503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,616 and a rental value of £445 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 56, Moorhead, Newcastle Upon Tyne has climbed by £572 (1.0%), while its estimated rental value has risen by £16 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 10.0%.
Energy Efficiency
56, Moorhead, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2024.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Moorhead, Newcastle Upon Tyne within a radius of 650 metres over the last 2 years.
The most recent example is 50, Moorhead, Newcastle Upon Tyne, NE5 3AP, a leasehold flat which sold for £39,999 on the 21st April 2021.
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
Moorhead, Newcastle Upon Tyne, NE5 has a total of 69 addresses. According to our analysis of all the public data, 56, Moorhead, Newcastle Upon Tyne is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NE5.
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Schools Nearby
- 1.0kmSacred Heart Primary School
- 1.0kmEnglish Martyrs' Catholic Primary School, Fenham
- 1.1kmThomas Walling Primary Academy
- 1.0kmSacred Heart Catholic High School
- 1.5kmKenton School
- 1.9kmSt Cuthbert's High School
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Public Transport Nearby
The closest station to 56, Moorhead, Newcastle Upon Tyne is Newcastle station, which is 3.4 kilometres away.
- 3.4kmNewcastle
- 3.7kmMetroCentre
- 3.7kmManors
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
