6, Elvet Close
6, Elvet Close
Description & Estimates
6, Elvet Close, Newcastle Upon Tyne is recorded publicly as a modern leasehold house across 947 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Elvet Close, Newcastle Upon Tyne is £262,392 and its rental estimate is £1,612 per month, given the available information and assuming reasonable condition.
Elvet Close, Wideopen, Newcastle Upon Tyne, NE13 falls within the NE13 postal district, in the borough of North Tyneside.
Our Data Sources
6, Elvet Close, Newcastle Upon Tyne has 3 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that 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.
Price Range & Condition
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 6, Elvet Close, Newcastle Upon Tyne, we estimate a market value of £275,511 and a rental value of £1,693 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,024 and £1,500 per month respectively.
Recent Market Change
Over the last year, 6, Elvet Close, Newcastle Upon Tyne has seen its estimated sale value climb by £4,380 (1.7%) and its estimated rental value rise by £57 per month (3.6%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
6, Elvet Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6, Elvet Close, Newcastle Upon Tyne completed on 17th December 2020 at £230,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 28.3% over the period since December 2020.
- Sold Dec 2020£230,000
- Sold Sep 2014£167,000
- Sold Feb 2012£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Elvet Close, Newcastle Upon Tyne have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 38, Seaton Place, Newcastle Upon Tyne, NE13 7HQ, a freehold house which sold for £258,000.
Read more about house prices in NE13.
- Sold Aug 2024£258,000 | 3 Bed House38, Seaton Place, Newcastle Upon Tyne, NE13 7HQ38, Seaton Place, Newcastle Upon Tyne, NE13 7HQ
- Sold Nov 2023£320,000 | 3 Bed House10, Elvet Close, Newcastle Upon Tyne, NE13 7HE10, Elvet Close, Newcastle Upon Tyne, NE13 7HE
- Sold Sep 2021£230,000 | 3 Bed House50, Seaton Place, Newcastle Upon Tyne, NE13 7HQ50, Seaton Place, Newcastle Upon Tyne, NE13 7HQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Elvet Close, Wideopen, Newcastle Upon Tyne, NE13, 6, Elvet Close, Newcastle Upon Tyne comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the NE13 district.
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Schools Nearby
- 400mHazlewood Community Primary School
- 900mGreenfields Community Primary School
- 1.9kmBrunton First School
- 1.5kmNorth Gosforth Academy
- 3.9kmGosforth Academy
- 4.2kmCramlington Learning Village
More reading links
Public Transport Nearby
From 6, Elvet Close, Newcastle Upon Tyne, the nearest station is Cramlington, 5.0 kilometres away.
- 5.0kmCramlington
- 6.9kmSeaton Delaval
- 7.4kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
