61, Thistle Way
61, Thistle Way
Description & Estimates
According to the public record, 61, Thistle Way, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 934 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61, Thistle Way, Newcastle Upon Tyne is £283,532 and the estimated rental value is £1,375 per month.
Thistle Way, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
Our Data Sources
61, Thistle Way, Newcastle Upon Tyne has a single entry in the Land Registry from July 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 61, Thistle Way, Newcastle Upon Tyne is in very good condition we estimate a sale value of £297,709 and a rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,685 and a rental value of £1,278 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 61, Thistle Way, Newcastle Upon Tyne has moved up by £3,623 (1.3%), while its estimated rental value has increased by £47 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Sold Prices
According to HM Land Registry, 61, Thistle Way, Newcastle Upon Tyne was last sold on 18th July 2024 for £261,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped by 40.9%.
- Sold Jul 2024£261,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Thistle Way, Newcastle Upon Tyne within a radius of 830 metres over the last 2 years.
The most recent example is 51, Thistle Way, Newcastle Upon Tyne, NE5 1FA, a freehold house which sold for £290,996 on the 30th September 2024.
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
Thistle Way, Newcastle Upon Tyne, NE5 has a total of 76 addresses. According to our analysis of all the public data, 61, Thistle Way, Newcastle Upon Tyne is the 55th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in NE5.
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Schools Nearby
- 700mSimonside Primary School
- 900mWesterhope Primary School
- 1.1kmSt Mark's Catholic Primary School, Westerhope
- 700mCallerton Academy
- 1.6kmStudio West
- 2.6kmWalbottle Academy
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Public Transport Nearby
The closest station to 61, Thistle Way, Newcastle Upon Tyne is Blaydon station, which is 4.7 kilometres away.
- 4.7kmBlaydon
- 6.0kmMetroCentre
- 7.2kmNewcastle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
