8, Belsay Lane
8, Belsay Lane
Description & Estimates
8, Belsay Lane, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Belsay Lane, Newcastle Upon Tyne is £192,378 and its rental estimate is £1,254 per month, given the available information and assuming reasonable condition.
Belsay Lane, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
8, Belsay Lane, Newcastle Upon Tyne has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that 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
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 8, Belsay Lane, Newcastle Upon Tyne, we estimate a market value of £201,997 and a rental value of £1,316 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,912 and £1,166 per month respectively.
Recent Market Change
Over the last year, 8, Belsay Lane, Newcastle Upon Tyne has seen its estimated sale value grow by £2,458 (1.3%) and its estimated rental value climb by £43 per month (3.4%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
8, Belsay Lane, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Belsay Lane, Newcastle Upon Tyne completed on 29th April 2022 at £176,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.4% over the period since April 2022.
- Sold Apr 2022£176,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Belsay Lane, Newcastle Upon Tyne have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th October 2023, was 20, Belsay Lane, Newcastle Upon Tyne, NE5 2FP, a freehold house which sold for £179,629.
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 51 addresses on Belsay Lane, Newcastle Upon Tyne, NE5, 8, Belsay Lane, Newcastle Upon Tyne comes out as the 10th largest and the 12th most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the NE5 district.
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Schools Nearby
- 500mBeech Hill Primary School
- 900mWest Denton Primary School
- 1.0kmSt John Vianney Catholic Primary School, West Denton
- 500mStudio West
- 1.8kmSt Cuthbert's High School
- 2.0kmCallerton Academy
More reading links
Public Transport Nearby
From 8, Belsay Lane, Newcastle Upon Tyne, the nearest station is Blaydon, 3.0 kilometres away.
- 3.0kmBlaydon
- 4.0kmMetroCentre
- 5.5kmNewcastle
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
