7, Forge Walk
7, Forge Walk
Description & Estimates
The public record describes 7, Forge Walk, Newcastle Upon Tyne as a mid-century house with 487 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Forge Walk, Newcastle Upon Tyne has an estimated sale value of £122,027 and an estimated rental value of £756 per month, assuming reasonable condition and based on the information available.
Forge Walk, Newcastle Upon Tyne, NE15 lies in the borough of Newcastle upon Tyne, within the NE15 postal district.
Our Data Sources
7, Forge Walk, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data 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
In very good condition, we estimate 7, Forge Walk, Newcastle Upon Tyne would be worth £128,128, with a potential rental value of £794 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £113,485, with a rental value of £703 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 7, Forge Walk, Newcastle Upon Tyne has moved up by £1,915 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £33 (4.4%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
7, Forge Walk, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 960 metres of 7, Forge Walk, Newcastle Upon Tyne across the last 2 years.
Most recently, 10, Chapel Court, Newcastle Upon Tyne, NE15 8NE, a freehold house, sold at £93,000 on the 12th January 2022.
Read more about house prices in NE15.
•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 7, Forge Walk, Newcastle Upon Tyne as the 16th largest and the 18th most expensive of the 18 addresses on Forge Walk, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £49k less expensive than the typical property.
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Schools Nearby
- 100mWalbottle Village Primary School
- 300mSt Cuthbert's Catholic Primary School
- 600mNewburn Manor Primary School
- 700mWalbottle Academy
- 2.5kmStudio West
- 3.2kmThorp Academy
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Public Transport Nearby
Blaydon station is the nearest stop to 7, Forge Walk, Newcastle Upon Tyne at 3.2 kilometres away.
- 3.2kmBlaydon
- 5.2kmWylam
- 5.8kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
