7, Silver Lonnen
7, Silver Lonnen
Description & Estimates
The public record describes 7, Silver Lonnen, Newcastle Upon Tyne as a mid-century apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Silver Lonnen, Newcastle Upon Tyne has an estimated sale value of £82,831 and an estimated rental value of £599 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7, Silver Lonnen, Newcastle Upon Tyne, NE5.
Silver Lonnen, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
7, Silver Lonnen, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 7, Silver Lonnen, Newcastle Upon Tyne would be worth £86,972, with a potential rental value of £629 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,033, with a rental value of £557 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, Silver Lonnen, Newcastle Upon Tyne has moved down by £355 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £14 (2.3%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
7, Silver Lonnen, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 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
7, Silver Lonnen, Newcastle Upon Tyne last changed hands on 20th January 1995, selling for £23,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jan 1995£23,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 7, Silver Lonnen, Newcastle Upon Tyne across the last 2 years.
Most recently, 21, Silver Lonnen, Newcastle Upon Tyne, NE5 2HB, a leasehold flat, sold at £84,000 on the 5th January 2024.
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
Our analysis of the public data ranks 7, Silver Lonnen, Newcastle Upon Tyne as the 247th largest and the 253rd most expensive of the 282 addresses on Silver Lonnen, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £76k less expensive than the typical property.
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Schools Nearby
- 200mEnglish Martyrs' Catholic Primary School, Fenham
- 300mThomas Walling Primary Academy
- 700mHilton Primary Academy
- 1.0kmSacred Heart Catholic High School
- 1.2kmSt Cuthbert's High School
- 1.9kmKenton School
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Public Transport Nearby
MetroCentre station is the nearest stop to 7, Silver Lonnen, Newcastle Upon Tyne at 3.4 kilometres away.
- 3.4kmMetroCentre
- 3.8kmBlaydon
- 4.1kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
