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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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According to the public record, 2A, Lanercost Drive, Newcastle Upon Tyne is a mid-century house with 1,259 ft2 of internal area and sits on a 414 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Lanercost Drive, Newcastle Upon Tyne is £283,223 and the estimated rental value is £1,306 per month.
Lanercost Drive, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
2A, Lanercost Drive, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2A, Lanercost Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £297,384 and a rental value of £1,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,397 and a rental value of £1,214 per month.
Over the last 12 months the sale value of 2A Lanercost Drive Newcastle Upon Tyne has increased by an estimated £1,651 (0.6%) and its rental value has increased by an estimated £49 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2A, Lanercost Drive, Newcastle Upon Tyne sits on a plot of 414m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2A, Lanercost Drive, Newcastle Upon Tyne sits on the largest plot.
2A, Lanercost Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Lanercost Drive, Newcastle Upon Tyne within a radius of 530 metres over the last 2 years.
The most recent example is 47, Two Ball Lonnen, Newcastle Upon Tyne, NE4 9RR, a freehold house which sold for £150,470 on the 21st August 2024.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lanercost Drive, Newcastle Upon Tyne, NE5 has a total of 113 addresses. According to our analysis of all the public data, 2A, Lanercost Drive, Newcastle Upon Tyne is the 6th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in NE5.
The closest station to 2A, Lanercost Drive, Newcastle Upon Tyne is MetroCentre station which is 2.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Lanercost Drive, Newcastle Upon Tyne, 39.8% of property is privately owned outright and 38.9% is privately owned with a mortgage.
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 2A, Lanercost Drive, Newcastle Upon Tyne, 24.5% of residents are recorded as possessing school level qualifications and 36.1% 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 2A, Lanercost Drive, Newcastle Upon Tyne, the average age was 38.5 and the most common age was 32.
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 2A, Lanercost Drive, Newcastle Upon Tyne, 0.7% 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 2A, Lanercost Drive, Newcastle Upon Tyne, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
