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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
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74, West Thorp, Newcastle Upon Tyne is described in the public record as a mid-century apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 74, West Thorp, Newcastle Upon Tyne is £44,879 and its rental estimate is £328 per month, given the available information and assuming reasonable condition.
West Thorp, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
74, West Thorp, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 74, West Thorp, Newcastle Upon Tyne, we estimate a market value of £47,123 and a rental value of £345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £41,738 and £305 per month respectively.
Over the last year, 74, West Thorp, Newcastle Upon Tyne has seen its estimated sale value move down by £332 (0.7%) and its estimated rental value increase by £5 per month (1.7%). This results in an estimated gross rental yield of 8.8%.
74, West Thorp, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to 74, West Thorp, Newcastle Upon Tyne has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th January 2022, was 124, West Thorp, Newcastle Upon Tyne, NE5 4NF, a leasehold flat which sold for £42,000.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 159 addresses on West Thorp, Newcastle Upon Tyne, NE5, 74, West Thorp, Newcastle Upon Tyne comes out as the 136th largest and the 145th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the NE5 district.
From 74, West Thorp, Newcastle Upon Tyne, the nearest station is Blaydon, 4.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 74, West Thorp, Newcastle Upon Tyne, 75.0% of property is socially rented and 10.2% 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 74, West Thorp, Newcastle Upon Tyne, 19.1% of residents are recorded as possessing school level qualifications and 14.0% 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 74, West Thorp, Newcastle Upon Tyne, the average age was 40.2 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 74, West Thorp, 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 74, West Thorp, Newcastle Upon Tyne, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
