This property is priced below what the evidence supports.
Here’s why.
Comparable evidence
Where £15,000 sits against 6 real sales.
These are the sales the agent should be comparing to yours.
6 nearby sold comparables in NE4 average about £117,000 and sit roughly 0.3 miles from the listing.
Your suggested opening offer is £15,000 →
128, Condercum Road, Newcastle Upon Tyne, NE4 9JE
0.10 miles
2 bed · flat
£44,000
sold Aug 25
£44,504
adjusted to today
£51/sqft est.
1506, Hadrians Tower, Rutherford Street, Newcastle Upon Tyne, NE4 5BT
0.35 miles
2 bed · flat
£180,000
sold Dec 25
£180,911
adjusted to today
£206/sqft est.
Flat 2, The Vicarage, Spring Garden Lane, Newcastle Upon Tyne, NE4 5TD
0.35 miles
2 bed · flat
£160,000
sold Dec 25
£160,810
adjusted to today
£183/sqft est.
| Address | Date | Dist. | Beds | Type | Sold | Adj. today | £/sqft |
|---|---|---|---|---|---|---|---|
| 128, Condercum Road, Newcastle Upon Tyne, NE4 9JE | Aug 25 | 0.10 miles | 2 | flat | £44,000 | £44,504 | £51/sqft est. |
| 1506, Hadrians Tower, Rutherford Street, Newcastle Upon Tyne, NE4 5BT | Dec 25 | 0.35 miles | 2 | flat | £180,000 | £180,911 | £206/sqft est. |
| Flat 2, The Vicarage, Spring Garden Lane, Newcastle Upon Tyne, NE4 5TD | Dec 25 | 0.35 miles | 2 | flat | £160,000 | £160,810 | £183/sqft est. |
Adjusted values reflect ONS House Price Index correction to March 2026. All data sourced from HM Land Registry Price Paid records.
A household income of about £3,000 buys this house at £15,000, on a 10% deposit of £1,500. Estimated at 5× income; lenders vary.
10% of your offer — change it if yours differs.
Put your household income in above for a straight answer on this house.
The areaSchools, crime, broadband, flood risk — the intelligence most reports won’t print.
What the neighbourhood tells you.
Your full report
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Everything you need for the viewing.
- All 6 comparable addresses with sold prices and dates
- Your offer letter ready to send to the agent
- Vendor position analysis — what they paid and what they stand to make
- Viewing checklist for the day
All 6 comparable addresses
Sold prices and dates
Price per square foot
Adjusted for market movement
Fair value estimate
Estimate range (low–high)
Confidence level
Asking price position vs comparables
ONS HPI adjustment applied
Suggested opening offer
Likely agreement range
Maximum advisable price
Offer letter (ready to send)
Negotiation script
Overpaying cost breakdown
Days on market and price reductions
Flood risk, crime and schools
EPC band and annual running cost
Everything above is in your free report. Takes 10 seconds to get.
You’re about to view this house. Walk in with the evidence, the offer and the answers to what the agent will say back.
A question worth asking
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For the record
The full report detail.
Everything behind the verdict, if you’d like to check our working.
What the listing tells you+
The numbers behind it+
The other 3 comparable sales+
Property & EPC+
The viewing checklist+
- Ask for the lease length, under 80 years will affect your mortgage
- Get the latest service charge accounts and check for major works planned
- Ask who manages the building and whether there is a residents association
- Check mobile signal and broadband speed in the flat
- Inspect communal areas, their condition reflects how the building is managed
When you come to sell
Got a place of your own to sell? Find out what it’s worth with the same comparable-led method — free, no agent required — at hauscope.com/value-my-home.
Once your offer’s accepted
When this one becomes your home, the free Movers Pack walks you through everything between offer accepted and getting the keys — the things people miss, in the order that matters.