The property you are viewing is located at 2-4, Busty Bank, Burnopfield, Newcastle Upon Tyne NE16 6NF. This is a Property with an estimated value of £187,936. The average value of properties on Busty Bank, Burnopfield, Newcastle upon Tyne, NE16 is £191,378 while the overall average value of properties in NE16 is £185,413.
Over the past 5 years, the average sold price of properties in Busty Bank, Burnopfield, Newcastle upon Tyne, NE16 is £194,983 and the average rent in the NE16 area is £1040 pcm.
Disclaimer : Estimated price calculation of the properties is based on Price Paid Data from United Kingdom Land Registry Records available as public record from their website. This information is updated monthly and may not reflect all the public transactions. We strive to ensure that information is accurate and current but Estimates may not reflect the actual property price.
The rental estimates we provide are calculated on the basis of a gross rental yield average of 6.4%*, which is then applied to a property's overall value. This in turn produces an average monthly rent which is about 0.533% of the property's value. The rental yield average we use is extracted from Paragon Groups' latest quarterly report which can be seen
here.
Data produced by Land Registry © Crown copyright 2014.
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