86, Lodore Road
86, Lodore Road
Description & Estimates
86, Lodore Road, Newcastle Upon Tyne is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 86, Lodore Road, Newcastle Upon Tyne is £221,342 and its rental estimate is £1,166 per month, given the available information and assuming reasonable condition.
Lodore Road, Newcastle Upon Tyne, NE2 falls within the NE2 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
86, Lodore Road, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that 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.
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 86, Lodore Road, Newcastle Upon Tyne, we estimate a market value of £232,409 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,848 and £1,085 per month respectively.
Recent Market Change
Over the last year, 86, Lodore Road, Newcastle Upon Tyne has seen its estimated sale value grow by £831 (0.4%) and its estimated rental value climb by £27 per month (2.3%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
86, Lodore Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 86, Lodore Road, Newcastle Upon Tyne completed on 25th September 2023 at £223,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 16.9% over the period since September 2023.
- Sold Sep 2023£223,000
- Sold Feb 2017£177,000
- Sold Jan 2007£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 86, Lodore Road, Newcastle Upon Tyne have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was 70, Newlands Road, Newcastle Upon Tyne, NE2 3NT, a leasehold flat which sold for £227,500.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Lodore Road, Newcastle Upon Tyne, NE2, 86, Lodore Road, Newcastle Upon Tyne comes out as the 42nd largest and the 42nd most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the NE2 district.
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Schools Nearby
- 300mSouth Gosforth First School
- 1.0kmArchbishop Runcie CofE First School
- 1.1kmWest Jesmond Primary School
- 1.4kmSt Mary's Catholic School
- 1.6kmGosforth Academy
- 1.6kmJesmond Park Academy
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Public Transport Nearby
From 86, Lodore Road, Newcastle Upon Tyne, the nearest station is Manors, 3.1 kilometres away.
- 3.1kmManors
- 3.6kmNewcastle
- 5.8kmMetroCentre
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
