Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The public record describes 7, Ottringham Close, Newcastle Upon Tyne as a modern apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Ottringham Close, Newcastle Upon Tyne has an estimated sale value of £83,355 and an estimated rental value of £535 per month, assuming reasonable condition and based on the information available.
Ottringham Close, Newcastle Upon Tyne, NE15 lies in the borough of Newcastle upon Tyne, within the NE15 postal district.
7, Ottringham Close, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2018.
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.
In very good condition, we estimate 7, Ottringham Close, Newcastle Upon Tyne would be worth £87,523, with a potential rental value of £562 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,520, with a rental value of £497 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, Ottringham Close, Newcastle Upon Tyne has decreased by £1,087 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £9 (1.7%). The property's estimated gross yield is currently 7.7%.
7, Ottringham Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
7, Ottringham Close, Newcastle Upon Tyne last changed hands on 20th December 2000, selling for £35,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 7, Ottringham Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 2, Ormiston, Newcastle Upon Tyne, NE15 7XR, a leasehold flat, sold at £97,500 on the 12th December 2024.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Ottringham Close, Newcastle Upon Tyne as the 7th largest and the 5th most expensive of the 16 addresses on Ottringham Close, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £88k less expensive than the typical property.
Blaydon station is the nearest stop to 7, Ottringham Close, Newcastle Upon Tyne at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Ottringham Close, Newcastle Upon Tyne, 59.3% of property is privately owned outright and 25.7% is privately owned with a mortgage.
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, Ottringham Close, Newcastle Upon Tyne, 14.2% of residents are recorded as possessing school level qualifications and 20.5% 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, Ottringham Close, Newcastle Upon Tyne, the average age was 41.4 and the most common age was 57.
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, Ottringham Close, Newcastle Upon Tyne, 0.8% 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, Ottringham Close, Newcastle Upon Tyne, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
