Millhill, Newcastle Upon Tyne
Millhill, Newcastle Upon Tyne
Description & Estimates
According to the public record, Millhill, Newcastle Upon Tyne is a freehold house that sits on a 5,282 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,399 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Millhill, Newcastle Upon Tyne is £488,459 and the estimated rental value is £2,511 per month.
Kirkley, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
Our Data Sources
Millhill, Newcastle Upon Tyne has a single entry in the Land Registry from November 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Millhill, Newcastle Upon Tyne is in very good condition we estimate a sale value of £512,881 and a rental value of £2,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,266 and a rental value of £2,335 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Millhill, Newcastle Upon Tyne has climbed by £11,933 (2.4%), while its estimated rental value has risen by £102 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Plot Size
According to data from HM Land Registry, Millhill, Newcastle Upon Tyne sits on a plot of 5,282 m2.
We have plot size data on 6 out of 11 other houses in the postcode and Millhill, Newcastle Upon Tyne sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, Millhill, Newcastle Upon Tyne was last sold on 27th November 2015 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has risen by 41.9%.
- Sold Nov 2015£300,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millhill, Newcastle Upon Tyne within a radius of 3.8 kilometres over the last 2 years.
The most recent example is Kirkley Old Mill, Newcastle Upon Tyne, NE20 0BQ, a freehold house which sold for £465,000 on the 19th July 2019.
Read more about house prices in NE20.
- Sold Jul 2019£465,000 | 4 Bed HouseKirkley Old Mill, Newcastle Upon Tyne, NE20 0BQKirkley Old Mill, Newcastle Upon Tyne, NE20 0BQ
- Sold Nov 2016£340,000 | 4 Bed HouseCorneyhaugh, Newcastle Upon Tyne, NE20 0BQCorneyhaugh, Newcastle Upon Tyne, NE20 0BQ
- Sold Apr 2010£335,000 | 4 Bed HouseKirkley Mill Farm Cottage, Newcastle Upon Tyne, NE20 0BQKirkley Mill Farm Cottage, Newcastle Upon Tyne, NE20 0BQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Kirkley, Newcastle Upon Tyne, NE20 has a total of 52 addresses. According to our analysis of all the public data, Millhill, Newcastle Upon Tyne is the 35th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in NE20.
More reading links
Schools Nearby
- 3.5kmRichard Coates Church of England Primary School
- 3.5kmPonteland Primary School
- 4.5kmPonteland Community Primary School
- 4.6kmPonteland High School
- 8.4kmNorth Gosforth Academy
- 9.0kmCallerton Academy
More reading links
Public Transport Nearby
The closest station to Millhill, Newcastle Upon Tyne is Cramlington station, which is 9.2 kilometres away.
- 9.2kmCramlington
- 9.5kmMorpeth
- 12.1kmPegswood
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
