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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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6, Lavender Drive, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,259 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Lavender Drive, Newcastle Upon Tyne is £330,959 and its rental estimate is £1,836 per month, given the available information and assuming reasonable condition.
Lavender Drive, Newcastle Upon Tyne, NE13 falls within the NE13 postal district, in the borough of Newcastle upon Tyne.
6, Lavender Drive, Newcastle Upon Tyne has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 6, Lavender Drive, Newcastle Upon Tyne, we estimate a market value of £347,507 and a rental value of £1,928 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £307,792 and £1,707 per month respectively.
Over the last year, 6, Lavender Drive, Newcastle Upon Tyne has seen its estimated sale value climb by £1,553 (0.5%) and its estimated rental value rise by £43 per month (2.4%). This results in an estimated gross rental yield of 6.7%.
6, Lavender Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Lavender Drive, Newcastle Upon Tyne completed on 15th December 2023 at £295,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 2.9% over the period since December 2023.
Over the past 2 years 3 properties similar to 6, Lavender Drive, Newcastle Upon Tyne have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 65, Primrose Lane, Newcastle Upon Tyne, NE13 9EU, a freehold house which sold for £316,302.
Read more about house prices in NE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Lavender Drive, Newcastle Upon Tyne, NE13, 6, Lavender Drive, Newcastle Upon Tyne comes out as the 11th largest and the 12th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the NE13 district.
From 6, Lavender Drive, Newcastle Upon Tyne, the nearest station is Cramlington, 7.2 kilometres away.
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 6, Lavender Drive, Newcastle Upon Tyne, % of property is and % is .
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 6, Lavender Drive, Newcastle Upon Tyne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 6, Lavender Drive, 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 6, Lavender Drive, Newcastle Upon Tyne, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
