Marsham Close, Newcastle upon Tyne, Tyne and Wear, NE15
RE

Marsham Close, Newcastle upon Tyne, Tyne and Wear, NE15

By Reeds Rains

£ 95,000

Reviews

3 out of 5 stars

Reeds Rains says ..

This exquisite gemini bungalow combines charm and modern comfort with its well-appointed reception room, kitchen, bedroom, and bathroom, featuring an EPC rating of E, solar panels, and Council Tax Band A, making it an energy-efficient and financially appealing investment or starter home.

Property Oracle says ..

This property is a one bedroom bungalow located in Lemington, Newcastle upon Tyne. The property benefits from being close to local schools such as Waverley Primary School (rated good by Ofsted) and Lemington Riverside Primary School (also rated good). Transport links are also nearby with Blaydon train station approximately 1.87km away. The property itself appears to be in good condition based on the images provided. It has a small paved patio area, which could be considered a small garden. The list price of £95,000 is significantly lower than the average house price in the area (£461,500), and also lower than the average price per square foot (£423.00). However, it is important to note that the property is much smaller than the average property in the area (374 sqft vs 1089 sqft). The price seems reasonable considering its size and location, particularly when compared to similar properties on Marsham Close that have recently sold for between £69,950 and £81,000.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
8
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
374.00

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
680,998.00 £
Decreased by 7.75 %
from 738,203.00 £
Est sale value
200,090.00 £
Increased by 80.13 %
from 111,078.00 £
Average area rental value
1,898.00 £/mo
Decreased by 25.22 %
from 2,538.00 £/mo
Est letting value
374.00 £/mo
Unchanged by 0.00 %
from 374.00 £/mo
Est rental Yield
3.34 %
Decreased by 19.13 %
from 4.13 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Waverley Primary SchoolFoundation SchoolGood0.16 KM
St George'S Catholic Primary School, Bells CloseAcademy Converter0.66 KM
Broadwood Primary SchoolFoundation SchoolRequires improvement0.85 KM
Lemington Riverside Primary SchoolFoundation SchoolGood0.88 KM
Sure Start Lemington Children'S CentreChildren's Centre Linked Site1.30 KM

Images

Picture No. 13 Picture No. 10 Picture No. 11 Picture No. 15 Picture No. 09 Picture No. 12 Picture No. 14 Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Newbury Close £ 185,00000.00 KM
Broadway £ 215,00000.00 KM
Norwood Road £ 000.00 KM
Wedgewood Cottages £ 000.00 KM
Rydal Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blaydon7503BLO1.87 KM
Metrocentre7725MCE4.70 KM
Dunston7744DOT7.46 KM
Newcastle7728NCL9.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marsham Close, Newcastle upon Tyne, Tyne and Wear, NE15 £ 95,000BUY6 / 100.00 KM
Marsham Close, Newcastle upon Tyne, NE15 £ 99,950BUYUnknown0.00 KM
Marsham Close, Dumpling Hall, Newcastle Upon Tyne, NE15 £ 75,000BUY7 / 100.01 KM
Neptune Road, Newcastle upon Tyne, Tyne and Wear, NE15 £ 210,000BUY6 / 100.07 KM
Neptune Road, Dumpling Hall, NE15 £ 189,950BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
24 Marsham Close £ 69,9500.01 KM
27 Marsham Close £ 88,0000.01 KM
4 Marsham Close £ 62,0000.01 KM
11 Marsham Close £ 36,6000.01 KM
22 Marsham Close £ 65,0000.01 KM