Merchants Wharf, Newcastle upon Tyne, Tyne and Wear, NE6
BR

Merchants Wharf, Newcastle upon Tyne, Tyne and Wear, NE6

By Bridgfords

£ 315,000

Reviews

3 out of 5 stars

Bridgfords says ..

Bridgfords are pleased to bring to the market this stunning 3 -story house family home set within this highly desirable and sought after residential location. the property offers stunning marina view, featuring an open-plan kitchen and dining area, a bright living space with ample natural light, ...

Property Oracle says ..

Merchants Wharf is located in the Byker area of Newcastle upon Tyne. The property is a house with 3 bedrooms and 1 bathroom, and has a total area of 1,458.51 sqft. The plot size is 1,506.95 sqft. The list price is £315,000.

The average house price in the area is £461,500, with an average size of 1,089 sqft and an average price per sqft of £423. This property is significantly larger than average at 1,458.51 sqft.

Based on the images provided, the property appears to be in good condition and well maintained. There is evidence of a small, manageable garden. The property benefits from a garage and is located near a marina. The location is attractive, with proximity to the water and what appears to be a pleasant residential area. However, more information on the local amenities and transport links would be needed to give a more definitive assessment of the location score.

Considering the property’s size, condition, and apparent desirable location, the list price of £315,000 appears reasonable, especially when compared to the higher average house price in the area. However, the lack of information on comparable properties with similar square footage and features makes it difficult to give a precise assessment of its value. More information on the local market and comparable sales would be beneficial for a more accurate price evaluation.

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
7
Condition
8
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,458.51
Lot (est)
1,506.95

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
132,857.00 £
Decreased by 30.57 %
from 191,358.00 £
Est sale value
290,243.49 £
Increased by 14.37 %
from 253,780.74 £
Average area rental value
718.00 £/mo
Decreased by 13.29 %
from 828.00 £/mo
Est letting value
1,458.51 £/mo
from 0.00 £/mo
Est rental Yield
6.49 %
Increased by 25.05 %
from 5.19 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Sure Start East Children'S CentreChildren's Centre0.74 KM
Byker Primary SchoolCommunity SchoolOutstanding1.03 KM
St Lawrence'S Catholic Primary SchoolAcademy Converter1.07 KM
Bede Children'S CentreChildren's Centre Linked Site1.18 KM
St Wilfrid'S Roman Catholic Voluntary Aided Primary SchoolVoluntary Aided SchoolGood1.18 KM

Images

Picture No. 01 Picture No. 11 Picture No. 02 Picture No. 15 Picture No. 03 Picture No. 09 Picture No. 14 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 13 Picture No. 12 Picture No. 05 Picture No. 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Till Street £ 000.00 KM
Saint Peter's Quayside East £ 000.00 KM
Tyne Main Road £ 000.00 KM
Saint Peter's Court £ 38,70000.00 KM
Ayton Rise £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW2.64 KM
Manors7603MAS3.37 KM
Newcastle7728NCL4.67 KM
Dunston7744DOT7.59 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
4 Merchants Wharf £ 230,0000.00 KM
2 Merchants Wharf £ 176,0000.00 KM
33 Merchants Wharf £ 89,5000.00 KM
15 Merchants Wharf £ 249,9990.00 KM
31 Merchants Wharf £ 325,0000.00 KM