9, Carnation Way
9, Carnation Way
Description & Estimates
9, Carnation Way, Newcastle Upon Tyne is recorded publicly as a modern freehold house across 1,528 ft2 of internal area, sitting on a 503 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 9, Carnation Way, Newcastle Upon Tyne is £407,205 and its rental estimate is £1,729 per month, given the available information and assuming reasonable condition.
Carnation Way, Newcastle Upon Tyne, NE5 falls within the NE5 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
9, Carnation Way, Newcastle Upon Tyne has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 9, Carnation Way, Newcastle Upon Tyne, we estimate a market value of £427,566 and a rental value of £1,815 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,701 and £1,608 per month respectively.
Recent Market Change
Over the last year, 9, Carnation Way, Newcastle Upon Tyne has seen its estimated sale value rise by £220 (0.1%) and its estimated rental value move up by £45 per month (2.6%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 9, Carnation Way, Newcastle Upon Tyne as measuring 503 m2.
That makes it the largest plot in the postcode, where 14 of the 39 other houses have recorded plot data.
Energy Efficiency
9, Carnation Way, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2021.
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 9, Carnation Way, Newcastle Upon Tyne completed on 26th March 2021 at £374,995 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 dropped by 33.3% over the period since March 2021.
- Sold Mar 2021£374,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Carnation Way, Newcastle Upon Tyne have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 5, Orchid Drive, Newcastle Upon Tyne, NE5 1DJ, a freehold house which sold for £394,995.
Read more about house prices in NE5.
- Sold Oct 2024£394,995 | 4 Bed House5, Orchid Drive, Newcastle Upon Tyne, NE5 1DJ5, Orchid Drive, Newcastle Upon Tyne, NE5 1DJ
- Sold Jun 2024£375,246 | 4 Bed House10, Orchid Drive, Newcastle Upon Tyne, NE5 1DJ10, Orchid Drive, Newcastle Upon Tyne, NE5 1DJ
- Sold Oct 2022£404,995 | 4 Bed House5, Larkspur Avenue, Newcastle Upon Tyne, NE5 1DG5, Larkspur Avenue, Newcastle Upon Tyne, NE5 1DG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Carnation Way, Newcastle Upon Tyne, NE5, 9, Carnation Way, Newcastle Upon Tyne comes out as the largest and the most expensive in our analysis of the public data.
It is also £248k more expensive than the average property across the NE5 district.
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Schools Nearby
- 1.0kmWesterhope Primary School
- 1.1kmSimonside Primary School
- 1.2kmMilecastle Primary School
- 1.1kmCallerton Academy
- 1.8kmStudio West
- 2.2kmWalbottle Academy
More reading links
Public Transport Nearby
From 9, Carnation Way, Newcastle Upon Tyne, the nearest station is Blaydon, 4.7 kilometres away.
- 4.7kmBlaydon
- 6.2kmMetroCentre
- 7.4kmWylam
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
