Sold Flat

49 AXBRIDGE GARDENS

NEWCASTLE UPON TYNE, BENWELL, TYNE AND WEAR NE4 8EB

2 beds 1 baths 74 m² Listed 8 Oct 2019 (-2477d)

£51,500

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# 2 bedroom flat for sale (NE4 8EB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 49 AXBRIDGE GARDENS, NEWCASTLE UPON TYNE, BENWELL, TYNE AND WEAR NE4 8EB |
| Price | £51,500 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £70,000 Oct 2024 |

## Description

**Entrance Hall**

Wooden door to front elevation

**Stairs To:-first Floor Landing**

loft access, Storage cupboards, Double central heating radiator.

**Lounge** 13' 6"  x 14' 0"  (4.1m  x 4.27m )

UPVC double glazed window to rear elevation, Picture rail, Coving to ceiling, Fire surround, Double central heating radiator.

**Kitchen** 12' 1"  x 8' 1"  (3.69m  x 2.46m )

UPVC Double glazed window to side elevation, Wooden door to side elevation, Wall and base units with roll top work surfaces, Stainless steel sink and drainer, Space for cooker, Space for fridge and freezer, Space for washing machine.

**Bathroom**

Two UPVC Double glazed frosted windows to rear elevation, Three piece white bathroom suite comprising: Low level w.c, Pedestal wash hand basin, Bath with glass shower screen, Part tiling to walls, Central heating radiator.

**Bedroom** 9' 6"  x 8' 10"  (2.89m  x 2.7m )

UPVC Double glazed bay window to front elevation, Double central heating radiator, Picture rail, Coving to ceiling.

**Bedroom** 9' 6"  x 8' 3"  (2.88m  x 2.51m )

UPVC Double glazed window to rear elevation, Central heating radiator.

**External**

Shared yard to rear elevation.

IMPORTANT NOTE TO PURCHASERS:We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

## Property Photos

- ![Photo](/listings/photos/65628996/1057887)
- ![Bedroom](/listings/photos/65628996/1057888) - Bedroom
- ![Photo](/listings/photos/65628996/1057889)
- ![Bathroom](/listings/photos/65628996/1057890) - Bathroom
- ![Kitchen](/listings/photos/65628996/1057891) - Kitchen
- ![Bedroom](/listings/photos/65628996/1057892) - Bedroom
- ![Lounge](/listings/photos/65628996/1057893) - Lounge
- ![Photo](/listings/photos/65628996/1057894)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 49 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £70,000 | 25/10/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 478 ELSWICK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8DS | £72,500 | 15/01/2026 | Flat |
| [Same street] 52 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £65,000 | 28/01/2025 | Flat |
| [Same street] 14 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £136,000 | 17/11/2023 | Other |
| 31 LADYKIRK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AH | £77,000 | 12/10/2023 | Flat |
| 34 FAIRHOLM ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AT | £55,000 | 29/09/2023 | Flat |
| 142 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ | £49,000 | 15/09/2023 | Flat |
| [Same street] 9 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £47,500 | 20/10/2022 | Flat |
| 152 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ | £56,500 | 01/04/2022 | Flat |
| [Same street] 22 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB | £59,000 | 06/01/2022 | Flat |

**Street average:** £76,875 (4 sales)
**Area average:** £62,000 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £90,528 (18 Flat, NE4, 2024–2026)
- **Deviation:** -43.1%

## Rental Range

*ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,084/mo
- **Realistic:** £1,204/mo
- **Optimistic:** £1,324/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## 1% Rule

- **Rent ratio:** 2.34% (strong)
- **Max investor price (0.8%):** £150,500
- **Target investor price (1%):** £120,400

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -20.8%
- **10y growth:** 47.5%

## House Price Index (HM Land Registry)

*Official index for Newcastle upon Tyne; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 1.2%
- **5y growth (index):** 12.4%
- **10y growth (index):** 28%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 1 Bedroom Photo 3 Bathroom Kitchen Bedroom Lounge Photo 8

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Property details

Floor area

74 m²

Last sold

£70,000 Oct 2024

Local average

£90,528 (-43.1%)

Deprivation

Decile 1 (2,867 of 33,755)

Street crime

425 incidents within 1 mile (May 2026)

Key features

Two Bedroom
First Floor Flat
Ideal Buy To Let
Gas Central Heating

Additional details

Garden: Yes

Description

Reeds Rains are delighted to offer for sale this two bedroom First floor flat located on Axbridge Gardens, Grainger Park. The property briefly comprises: Entrance Hall, Stairs to first floor landing, Lounge, Kitchen, Two Bedrooms, Bathroom, Externally the property has a shared yard to the rear and paved patio area to the front.
Entrance Hall
Wooden door to front elevation
Stairs To:-first Floor Landing
loft access, Storage cupboards, Double central heating radiator.
Lounge 13' 6" x 14' 0" (4.1m x 4.27m )
UPVC double glazed window to rear elevation, Picture rail, Coving to ceiling, Fire surround, Double central heating radiator.
Kitchen 12' 1" x 8' 1" (3.69m x 2.46m )
UPVC Double glazed window to side elevation, Wooden door to side elevation, Wall and base units with roll top work surfaces, Stainless steel sink and drainer, Space for cooker, Space for fridge and freezer, Space for washing machine.
Bathroom
Two UPVC Double glazed frosted windows to rear elevation, Three piece white bathroom suite comprising: Low level w.c, Pedestal wash hand basin, Bath with glass shower screen, Part tiling to walls, Central heating radiator.
Bedroom 9' 6" x 8' 10" (2.89m x 2.7m )
UPVC Double glazed bay window to front elevation, Double central heating radiator, Picture rail, Coving to ceiling.
Bedroom 9' 6" x 8' 3" (2.88m x 2.51m )
UPVC Double glazed window to rear elevation, Central heating radiator.
External
Shared yard to rear elevation.
IMPORTANT NOTE TO PURCHASERS:We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
/2

Listed by

Newcastle West

LSL Franchise

Reference: 65628996

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	25/10/2024 (1 year ago)	£70,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
478 ELSWICK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8DS	£72,500	15/01/2026	Flat
Same street 52 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB	£65,000	28/01/2025	Flat
Same street 14 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB	£136,000	17/11/2023	Other
31 LADYKIRK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AH	£77,000	12/10/2023	Flat
34 FAIRHOLM ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8AT	£55,000	29/09/2023	Flat
142 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ	£49,000	15/09/2023	Flat
Same street 9 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB	£47,500	20/10/2022	Flat
152 HUGH GARDENS, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8PQ	£56,500	01/04/2022	Flat
Same street 22 AXBRIDGE GARDENS, BENWELL, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE4 8EB	£59,000	06/01/2022	Flat

Street average: £76,875 (4 sales)

Area average: £62,000 (5 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -20.8%

10y growth 47.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle upon Tyne. Series: Flats and maisonettes. As of April 2026.

1y (index) 1.2%

5y (index) 12.4%

10y (index) 28%

Rental Range

Estimated market rent for Newcastle upon Tyne. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,084/mo

Realistic £1,204/mo

Optimistic £1,324/mo

Based on Local Authority from postcode lookup → Newcastle upon Tyne.

LHA (30th percentile) floor for Tyneside: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NE4 8EB

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Ladbrokes	0.0 miles
Shop	Greggs	0.0 miles
Bus stop	BENWELL SHOPS	0.0 miles
University	Campus for Ageing and Vitality	0.8 miles
Train station	MetroCentre	0.9 miles
Train station	St James	1.4 miles
University	Newcastle University	1.5 miles
Hospital	Ferndene - Children and Young Peoples Inpatient Service	7.5 miles
Hospital	Priory Day Hospital	8.4 miles

Street-level crime

Category	Count
Violence and sexual offences	120
Anti-social behaviour	98
Criminal damage and arson	37
Public order	29
Other theft	26
Vehicle crime	25
Shoplifting	20
Burglary	17
Drugs	17
Other crime	15
Theft from the person	10
Robbery	5
Bicycle theft	3
Possession of weapons	3
Total incidents	425

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
West Newcastle Academy	Primary	0.2 miles	— (Inspected (no overall grade))
St Johns Primary School	Primary	0.2 miles	Good — 20 Mar 2014
Canning Street Primary School	Primary	0.3 miles	Good — 26 Nov 2014
Atkinson Road Primary Academy	Primary	0.4 miles	Good — 6 Jul 2023
Trinity Solutions Academy	Other	0.4 miles	— (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 2.34%

Max investor price (0.8%) £150,500

Target investor price (1%) £120,400

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).

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