7, Greely Road
7, Greely Road
Description & Estimates
7, Greely Road, Newcastle Upon Tyne is recorded publicly as a mid-century freehold house across 731 ft2 of internal area, sitting on a 201 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Greely Road, Newcastle Upon Tyne is £156,300 and its rental estimate is £1,113 per month, given the available information and assuming reasonable condition.
Greely Road, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
7, Greely Road, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated August 2020.
We combine this information with that 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
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 7, Greely Road, Newcastle Upon Tyne, we estimate a market value of £164,115 and a rental value of £1,169 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,359 and £1,035 per month respectively.
Recent Market Change
Over the last year, 7, Greely Road, Newcastle Upon Tyne has seen its estimated sale value rise by £1,997 (1.3%) and its estimated rental value move up by £38 per month (3.4%). This results in an estimated gross rental yield of 8.5%.
Plot Size
HM Land Registry records the plot of land for 7, Greely Road, Newcastle Upon Tyne as measuring 201 m2.
That makes it the 4th largest plot in the postcode, where 17 of the 20 other houses have recorded plot data.
Energy Efficiency
7, Greely Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Greely Road, Newcastle Upon Tyne completed on 27th April 2023 at £156,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.6% over the period since April 2023.
- Sold Apr 2023£156,000
- Sold Nov 2020£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Greely Road, Newcastle Upon Tyne have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 19, Greely Road, Newcastle Upon Tyne, NE5 5LD, a freehold house which sold for £164,000.
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
Of the 57 addresses on Greely Road, Newcastle Upon Tyne, NE5, 7, Greely Road, Newcastle Upon Tyne comes out as the 37th largest and the 17th most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the NE5 district.
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Schools Nearby
- 200mBeech Hill Primary School
- 800mWesterhope Primary School
- 800mFarne Primary School
- 200mStudio West
- 1.5kmCallerton Academy
- 2.2kmSt Cuthbert's High School
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Public Transport Nearby
From 7, Greely Road, Newcastle Upon Tyne, the nearest station is Blaydon, 3.4 kilometres away.
- 3.4kmBlaydon
- 4.5kmMetroCentre
- 5.8kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
