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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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68, Severus Road, Newcastle Upon Tyne is recorded publicly as an early-century leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 68, Severus Road, Newcastle Upon Tyne is £104,950 and its rental estimate is £775 per month, given the available information and assuming reasonable condition.
Severus Road, Newcastle Upon Tyne, NE4 falls within the NE4 postal district, in the borough of Newcastle upon Tyne.
68, Severus Road, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 68, Severus Road, Newcastle Upon Tyne, we estimate a market value of £110,197 and a rental value of £814 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,603 and £721 per month respectively.
Over the last year, 68, Severus Road, Newcastle Upon Tyne has seen its estimated sale value grow by £1,042 (1.0%) and its estimated rental value climb by £25 per month (3.3%). This results in an estimated gross rental yield of 8.9%.
68, Severus Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 68, Severus Road, Newcastle Upon Tyne completed on 24th February 2023 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 16.3% over the period since February 2023.
Over the past 2 years 3 properties similar to 68, Severus Road, Newcastle Upon Tyne have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th March 2022, was 50, Severus Road, Newcastle Upon Tyne, NE4 9HU, a leasehold flat which sold for £89,000.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 95 addresses on Severus Road, Newcastle Upon Tyne, NE4, 68, Severus Road, Newcastle Upon Tyne comes out as the 46th largest and the 66th most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the NE4 district.
From 68, Severus Road, Newcastle Upon Tyne, the nearest station is Newcastle, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 68, Severus Road, Newcastle Upon Tyne, 48.4% of property is privately owned with a mortgage and 31.2% is privately owned outright.
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 68, Severus Road, Newcastle Upon Tyne, 23.6% of residents are recorded as possessing school level qualifications and 38.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 68, Severus Road, Newcastle Upon Tyne, the average age was 30.9 and the most common age was 22.
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 68, Severus Road, 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 68, Severus Road, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
