62, Silverhill Drive
62, Silverhill Drive
Description & Estimates
Public records show 62, Silverhill Drive, Newcastle Upon Tyne to be an early-century freehold house with 882 ft2 of internal area, sitting on a 238 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
62, Silverhill Drive, Newcastle Upon Tyne has an estimated sale value of £177,443 and an estimated rental value of £1,189 per month, assuming reasonable condition and based on the information available.
Silverhill Drive, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
62, Silverhill Drive, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated February 2021.
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
In very good condition, we estimate 62, Silverhill Drive, Newcastle Upon Tyne would be worth £186,315, with a potential rental value of £1,248 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,022, with a rental value of £1,105 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 62, Silverhill Drive, Newcastle Upon Tyne has climbed by £2,267 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (3.4%). The property's estimated gross yield is currently 8.0%.
Plot Size
62, Silverhill Drive, Newcastle Upon Tyne occupies a 238 m2 plot as recorded by HM Land Registry.
Of the 27 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
62, Silverhill Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
62, Silverhill Drive, Newcastle Upon Tyne last changed hands on 29th June 2021, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 2.1% since June 2021.
- Sold Jun 2021£165,000
- Sold Mar 2006£144,000
- Sold Dec 1998£38,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 62, Silverhill Drive, Newcastle Upon Tyne across the last 2 years.
Most recently, 298, Silver Lonnen, Newcastle Upon Tyne, NE5 2HJ, a freehold house, sold at £140,000 on the 28th March 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
Our analysis of the public data ranks 62, Silverhill Drive, Newcastle Upon Tyne as the 40th largest and the 39th most expensive of the 91 addresses on Silverhill Drive, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £18k more expensive than the typical property.
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Schools Nearby
- 500mStocksfield Avenue Primary School
- 600mSt Bede's Catholic Primary School, Newcastle
- 900mBroadwood Primary School
- 500mSt Cuthbert's High School
- 1.4kmSacred Heart Catholic High School
- 1.7kmStudio West
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Public Transport Nearby
Blaydon station is the nearest stop to 62, Silverhill Drive, Newcastle Upon Tyne at 2.7 kilometres away.
- 2.7kmBlaydon
- 2.8kmMetroCentre
- 4.4kmNewcastle
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
