Redcliffe Way, Blakelaw, Newcastle upon Tyne, NE5
BO

Redcliffe Way, Blakelaw, Newcastle upon Tyne, NE5

By Bowes Mitchell

£ 140,000

Reviews

3 out of 5 stars

Bowes Mitchell says ..

A fantastic opportunity to own a deceptively spacious family home, ideally located with off-street parking and a private garden.

Property Oracle says ..

The property is located in Blakelaw, Newcastle upon Tyne. It benefits from being close to several primary schools, including Hilton Primary Academy (Outstanding Ofsted rating) and Thomas Walling Primary Academy (Good Ofsted rating), both within a kilometre. Public transport links are also relatively close, with several train stations within a reasonable distance. This suggests a reasonably convenient location for families, though further investigation into local amenities and the specific character of the neighbourhood would be beneficial.

Based on the images provided, the property appears to be in generally good condition. While the decor is dated, the structure and fixtures seem well-maintained. There is no obvious evidence of significant repairs or renovations needed. However, an in-person inspection would be necessary to confirm this assessment fully. The kitchen and bathroom appear functional but could benefit from some modernisation.

The property includes a garden, which adds value. The size of the garden is not specified, but the images show a reasonable-sized space for outdoor activities.

The list price of £140,000 is significantly lower than the average house price in the area (£461,500). However, this difference needs to be considered in the context of the property’s size (900 sqft) and the average size of properties in the area (1089 sqft). The property is smaller than average, and the average price per sqft in the area is £423. Considering the smaller size and the lower price point, the property could represent good value for money, although this requires further investigation into comparable properties in the same area and condition. The lack of plot size information makes a definitive conclusion difficult. The price may be attractive to first-time buyers or investors looking for a property that requires minimal initial investment.

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
8
Condition
7
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
900.00

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
116,271.00 £
Decreased by 21.47 %
from 148,058.00 £
Est sale value
179,100.00 £
Increased by 21.34 %
from 147,600.00 £
Average area rental value
1,143.00 £/mo
Increased by 19.69 %
from 955.00 £/mo
Est letting value
900.00 £/mo
Unchanged by 0.00 %
from 900.00 £/mo
Est rental Yield
11.80 %
Increased by 52.45 %
from 7.74 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bowes Mitchell created the listing.

Nearby Schools

NameTypeOfstedDistance
Hilton Primary AcademyAcademy Sponsor LedOutstanding0.61 KM
Sure Start Central Children'S CentreChildren's Centre0.78 KM
Thomas Walling Primary AcademyAcademy ConverterGood0.83 KM
Kenton Bar Primary SchoolAcademy ConverterGood1.19 KM
Sure Start North Fenham Children'S CentreChildren's Centre Linked Site1.27 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beaumaris Way £ 000.00 KM
Blackthorn Close £ 000.00 KM
Elder Grive £ 172,00000.00 KM
Loweswater Road £ 142,50000.00 KM
Cotehill Road £ 155,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE4.57 KM
Blaydon7503BLO5.73 KM
Dunston7744DOT6.45 KM
Newcastle7728NCL7.06 KM
Manors7603MAS8.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redcliffe Way, Blakelaw, Newcastle upon Tyne, NE5 £ 140,000BUY7 / 100.00 KM
Redcliffe Way, Blakelaw, Newcastle upon Tyne, Tyne and Wear, NE5 3TT £ 105,000BUY5 / 100.03 KM
Redcroft Green, Blakelaw £ 230,000BUYUnknown0.07 KM
Redcroft Green, Cragston Park, Newcastle Upon Tyne £ 150,000BUY7 / 100.07 KM
Redcroft Green, Blakelaw £ 154,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
35 Craigmillar Close £ 135,0000.07 KM
49 Craigmillar Close £ 122,0000.07 KM
43 Craigmillar Close £ 46,0000.07 KM
18 Redcliffe Way £ 77,5000.07 KM
6 Redcliffe Way £ 125,0000.07 KM