The property you are viewing is located at Apartment 19, Merchants Quay 46-54, Close, Newcastle Upon Tyne NE1 3RF. This is a Flat with an estimated value of £122,791. The average value of properties on Close, Newcastle upon Tyne, NE1 is £146,137 while the overall average value of properties in NE1 is £154,357.
Over the past 5 years, the average sold price of properties in Close, Newcastle upon Tyne, NE1 is £142,934 and the average rent in the NE1 area is £762 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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