Rocket Way, Palmersville, Newcastle upon Tyne, Tyne and Wear, NE12 9RL
PA

Rocket Way, Palmersville, Newcastle upon Tyne, Tyne and Wear, NE12 9RL

By Pattinson Estate Agents

£ 120,000

Reviews

3 out of 5 stars

Pattinson Estate Agents says ..

Pattinson welcome to the sales market this two bedroom mid terraced house situated close to a range of local amenities which include Sainsburys Local, great road and transport links to the A19, City Centre, and local business parks, Forest Hall Primary School is also located within close proximi...

Property Oracle says ..

This property is a 2 bedroom terraced house located in Palmersville, Newcastle upon Tyne. The property is listed at £120,000 and has a total area of 620 sqft. Based on the images provided, the property appears to be well-maintained and recently renovated, with a modern kitchen and bathroom. There is also a garden to the rear of the property. The average house price in the area is significantly higher at £525,346, with an average price per sqft of £302. However, nearby comparable properties are listed at lower prices, ranging from £70,000 to £295,000. The location benefits from being close to several schools and public transport links. Given the lower price point compared to the area average and the apparent good condition of the property, the asking price seems reasonable for a first-time buyer or investor. However, further investigation into the specifics of the property and the local market would be needed for a definitive conclusion.

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
8
Location
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
620.00

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
911,990.00 £
Increased by 52.54 %
from 597,864.00 £
Est sale value
296,360.00 £
Decreased by 4.59 %
from 310,620.00 £
Average area rental value
1,200.00 £/mo
Decreased by 18.81 %
from 1,478.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 620.00 £/mo
Est rental Yield
1.58 %
Decreased by 46.80 %
from 2.97 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Pattinson Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ivy Road Primary SchoolFoundation SchoolGood0.35 KM
Forest Hall Primary SchoolFoundation SchoolGood1.26 KM
Percy Hedley Hedleys CollegeSpecial Post 16 InstitutionGood1.60 KM
Percy Hedley SchoolNon-maintained Special SchoolOutstanding1.68 KM
Redesdale Primary SchoolFoundation SchoolGood1.88 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ashcroft Drive £ 462,50000.00 KM
Ivy Road £ 150,00000.00 KM
Percy Street £ 000.00 KM
Granville Crescent £ 375,00000.00 KM
Fallow Park £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Heworth7766HEW7.73 KM
Manors7603MAS7.75 KM
Cramlington7579CRM8.90 KM
Newcastle7728NCL9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mead Crescent, Forest Hall, NE12 £ 150,000BUY7 / 100.05 KM
Lilac Avenue, Newcastle Upon Tyne £ 200,000BUY7 / 100.07 KM
Elsdon Drive, Palmersville, NE12 £ 170,000BUY5 / 100.10 KM
Elsdon Drive, Palmersville, NE12 £ 200,000BUY5 / 100.10 KM
Mead Crescent, Forest Hall, Newcastle upon Tyne, NE12 £ 159,950BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
11 Lilac Avenue £ 70,0000.06 KM
1 Lilac Avenue £ 75,0000.08 KM
4 Lilac Avenue £ 74,0000.08 KM
12 Elsdon Drive £ 149,9500.11 KM
28 Elsdon Drive £ 220,0000.11 KM