Flat 2, 5
Flat 2, 5
Description & Estimates
The public record describes Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne as a mid-century apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne has an estimated sale value of £63,119 and an estimated rental value of £445 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Mallowburn Crescent, Newcastle Upon Tyne, NE3.
Mallowburn Crescent, Newcastle Upon Tyne, NE3 lies in the borough of Newcastle upon Tyne, within the NE3 postal district.
Our Data Sources
Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
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.
Price Range & Condition
In very good condition, we estimate Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne would be worth £66,275, with a potential rental value of £467 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £58,701, with a rental value of £414 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne has fallen by £350 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £7 (1.6%). The property's estimated gross yield is currently 8.5%.
Energy Efficiency
Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne across the last 2 years.
Most recently, 22, Bellingham Court, Newcastle Upon Tyne, NE3 3RT, a leasehold flat, sold at £85,000 on the 17th March 2023.
Read more about house prices in NE3.
- Sold Mar 2023£85,000 | 2 Bed Flat22, Bellingham Court, Newcastle Upon Tyne, NE3 3RT22, Bellingham Court, Newcastle Upon Tyne, NE3 3RT
- Sold Mar 2023£85,000 | 2 Bed Flat24, Bellingham Court, Newcastle Upon Tyne, NE3 3RT24, Bellingham Court, Newcastle Upon Tyne, NE3 3RT
- Sold May 2022£73,000 | 2 Bed FlatFlat 3, 15, Beal Green, Newcastle Upon Tyne, NE3 3YHFlat 3, 15, Beal Green, Newcastle Upon Tyne, NE3 3YH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne as the 20th largest and the 20th most expensive of the 26 addresses on Mallowburn Crescent, Newcastle Upon Tyne, NE3.
Against the NE3 postcode district average, it is £230k less expensive than the typical property.
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Schools Nearby
- 100mKenton Bar Primary School
- 500mSt Cuthberts Catholic Primary School, Kenton
- 900mMountfield Primary School
- 600mKenton School
- 2.0kmCallerton Academy
- 2.5kmStudio West
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Public Transport Nearby
Newcastle station is the nearest stop to Flat 2, 5, Mallowburn Crescent, Newcastle Upon Tyne at 5.2 kilometres away.
- 5.2kmNewcastle
- 5.2kmMetroCentre
- 5.3kmManors
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
