The Cedars, Newcastle Upon Tyne, NE4
BR

The Cedars, Newcastle Upon Tyne, NE4

By Bridgfords

£ 120,000

Reviews

3 out of 5 stars

Bridgfords says ..

New and rare to the market is this is two bedroom duplex apartment located in Cedars Park Road, NE4. A brilliant location, offering a modern stylish residential building. The property offers great space over two levels, and as you enter you are welcomed into a spacious, thoughtfully la...

Property Oracle says ..

The property is located in Elswick, Newcastle Upon Tyne. Based on the provided data, Elswick has an average house price of £55,000. The property is a 2 bedroom, 1 bathroom apartment with a total area of 1,031.25 sqft and a plot size of 779 sqft. The list price is £120,000. The property appears to be in good condition based on the provided photos. The apartment is modern, clean, and well-maintained. There are no visible signs of damage or disrepair. The property includes a small garden area, as shown in the provided photos. While not expansive, it does offer some outdoor space. Considering the average house price in Elswick is significantly lower than the list price of this property, the price may seem high at first glance. However, the property’s modern condition, the inclusion of a small garden, and its location near several schools and transportation options could justify the higher price point compared to other properties in the area. More information on comparable properties in the immediate vicinity would be needed to definitively assess the price’s reasonableness. The lack of price per sqft data for comparable properties limits the analysis of the price’s competitiveness.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
1,031.25
Lot (est)
779.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
116,000.00 £
Increased by 3.23 %
from 112,369.00 £
Est sale value
205,218.75 £
Increased by 71.55 %
from 119,625.00 £
Average area rental value
693.00 £/mo
Decreased by 21.52 %
from 883.00 £/mo
Est letting value
1,031.25 £/mo
from 0.00 £/mo
Est rental Yield
7.17 %
Decreased by 23.97 %
from 9.43 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Hawthorn Primary SchoolFoundation SchoolGood0.62 KM
Ashfield Nursery SchoolLocal Authority Nursery SchoolOutstanding0.63 KM
Cruddas Park Early Years CentreLocal Authority Nursery SchoolGood0.64 KM
St Michael'S Rc Primary SchoolAcademy Sponsor LedGood0.65 KM
St Paul'S Cofe Primary SchoolVoluntary Aided SchoolGood0.80 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Scotswood Road £ 55,00000.00 KM
Hornbeam Place £ 87,50000.00 KM
Park Road £ 100,00000.00 KM
Cambridge Street £ 000.00 KM
Kenilworth Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Dunston7744DOT1.76 KM
Newcastle7728NCL1.92 KM
Manors7603MAS3.39 KM
Metrocentre7725MCE3.54 KM
Blaydon7503BLO8.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Cedars, Newcastle Upon Tyne, NE4 £ 120,000BUY7 / 100.00 KM
The Cedars, Park Road, NE4 £ 95,000BUY6 / 100.00 KM
Park Road, The Cedars Park Road, NE4 £ 50,000BUYUnknown0.01 KM
The Cedars, Park Road, Newcastle Upon Tyne £ 90,000BUY6 / 100.01 KM
The Cedars, Park Road, Cruddas Park, Newcastle Upon Tyne £ 120,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
12 Hawthorn Walk £ 90,0000.21 KM
8 Hawthorn Walk £ 120,0000.21 KM
7 Charlotte Close £ 24,0000.21 KM
43 Hawthorn Place £ 95,9950.23 KM
40 Hawthorn Walk £ 64,0000.31 KM