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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
Public records show 7, Iris Place, Newcastle Upon Tyne to be a mid-century leasehold apartment with 322 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
7, Iris Place, Newcastle Upon Tyne has an estimated sale value of £76,375 and an estimated rental value of £427 per month, assuming reasonable condition and based on the information available.
Iris Place, Newcastle Upon Tyne, NE4 lies in the borough of Newcastle upon Tyne, within the NE4 postal district.
7, Iris Place, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 7, Iris Place, Newcastle Upon Tyne would be worth £80,193, with a potential rental value of £448 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,028, with a rental value of £397 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Iris Place, Newcastle Upon Tyne has dropped by £564 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £7 (1.7%). The property's estimated gross yield is currently 6.7%.
7, Iris Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
7, Iris Place, Newcastle Upon Tyne last changed hands on 14th May 2019, selling for £66,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 20.8% since May 2019.
Land Registry records and our Estate Agent network show 3 sales within 520 metres of 7, Iris Place, Newcastle Upon Tyne across the last 2 years.
Most recently, 2, Iris Place, Newcastle Upon Tyne, NE4 9QR, a freehold house, sold at £86,000 on the 21st February 2025.
Read more about house prices in NE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Iris Place, Newcastle Upon Tyne as the 10th largest and the 10th most expensive of the 10 addresses on Iris Place, Newcastle Upon Tyne, NE4.
Against the NE4 postcode district average, it is £83k less expensive than the typical property.
MetroCentre station is the nearest stop to 7, Iris Place, Newcastle Upon Tyne at 2.5 kilometres away.
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.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Iris Place, Newcastle Upon Tyne, 66.0% of property is socially rented and 11.7% 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 7, Iris Place, Newcastle Upon Tyne, 30.6% of residents are recorded as possessing school level qualifications and 19.4% 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 7, Iris Place, Newcastle Upon Tyne, the average age was 38.5 and the most common age was 32.
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 7, Iris Place, 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 7, Iris Place, Newcastle Upon Tyne, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
