8, Hazel Drive
8, Hazel Drive
Description & Estimates
8, Hazel Drive, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,065 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Hazel Drive, Newcastle Upon Tyne is £266,582 and its rental estimate is £1,242 per month, given the available information and assuming reasonable condition.
Hazel Drive, Newcastle Upon Tyne, NE15 falls within the NE15 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
8, Hazel Drive, Newcastle Upon Tyne has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that 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.
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, Hazel Drive, Newcastle Upon Tyne, we estimate a market value of £279,911 and a rental value of £1,304 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,921 and £1,155 per month respectively.
Recent Market Change
Over the last year, 8, Hazel Drive, Newcastle Upon Tyne has seen its estimated sale value climb by £2,451 (0.9%) and its estimated rental value rise by £48 per month (3.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
8, Hazel Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2023.
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, Hazel Drive, Newcastle Upon Tyne completed on 18th August 2023 at £275,452 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 22.9% over the period since August 2023.
- Sold Aug 2023£275,452
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Hazel Drive, Newcastle Upon Tyne have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 71, Meadow Hill, Newcastle Upon Tyne, NE15 9BZ, a freehold house which sold for £307,796.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Hazel Drive, Newcastle Upon Tyne, NE15, 8, Hazel Drive, Newcastle Upon Tyne comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the NE15 district.
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Schools Nearby
- 400mThrockley Primary School
- 1.8kmSt Cuthbert's Catholic Primary School
- 1.9kmWalbottle Village Primary School
- 1.4kmWalbottle Academy
- 3.2kmThorp Academy
- 4.1kmStudio West
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Public Transport Nearby
From 8, Hazel Drive, Newcastle Upon Tyne, the nearest station is Wylam, 4.4 kilometres away.
- 4.4kmWylam
- 5.0kmBlaydon
- 7.6kmPrudhoe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
