Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, The Forge, Newcastle Upon Tyne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,578 ft2 of internal area and sits on a 684 m2 plot 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 The Forge, Newcastle Upon Tyne is £705,817 and the estimated rental value is £2,294 per month.
Milbourne, Newcastle Upon Tyne, NE20 is located within the NE20 postal district.
The Forge, Newcastle Upon Tyne has a single entry in the Land Registry from January 2021 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 3 out of 5 and is considered of medium 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 The Forge, Newcastle Upon Tyne is in very good condition we estimate a sale value of £741,108 and a rental value of £2,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £656,410 and a rental value of £2,133 per month.
Over the last 12 months the sale value of The Forge Newcastle Upon Tyne has increased by an estimated £17,243 (2.4%) and its rental value has increased by an estimated £94 per month (4.1%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, The Forge, Newcastle Upon Tyne sits on a plot of 684m2.
We have plot size data on 4 out of 7 other houses in the postcode and The Forge, Newcastle Upon Tyne sits on the 2nd largest plot.
According to HM Land Registry, The Forge, Newcastle Upon Tyne was last sold on 22nd January 2021 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Forge, Newcastle Upon Tyne within a radius of 4.9 kilometres over the last 2 years.
The most recent example is 7, Alleyn Gardens, Newcastle Upon Tyne, NE20 0FN, a freehold house which sold for £575,000 on the 2nd December 2024.
Read more about house prices in NE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milbourne, Newcastle Upon Tyne, NE20 has a total of 51 addresses. According to our analysis of all the public data, The Forge, Newcastle Upon Tyne is the 21st largest and the 10th most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in NE20.
The closest station to The Forge, Newcastle Upon Tyne is Wylam station which is 10.8 kilometres away.
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 The Forge, Newcastle Upon Tyne, % of property is and % is .
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 The Forge, Newcastle Upon Tyne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 The Forge, Newcastle Upon Tyne, 0.0% 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 The Forge, Newcastle Upon Tyne, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
