161 Forest Gate

    161, FOREST GATE, PALMERSVILLE, NEWCASTLE UPON TYNE, NE12 9EN

    This terraced freehold property on Forest Gate last sold in August 2024 for £166,000. Based on price growth in the NE12 district since then, its estimated current value is £169,060 — placing it in the 17th percentile nationally and the 33rd percentile within NE12. The property covers 68 m² (732 sq ft), giving an estimated value of £2,486 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £166,000

    Aug 2024

    Estimated Valuation

    £169,060

    Est. £/sq ft

    £231/sq ft

    £2,486/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2024

    £166,000

    10 Jun 2022

    £151,000

    25 Jun 2004

    New build

    £119,995

    Key Metrics

    Estimated valuation£169,060
    Value per sq ft / m²£231/sq ft (£2,486/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile33rd percentile
    National percentile17th percentile

    District Context — NE12

    NE12 covers Whitley Bay, Tynemouth and surrounding coastal communities in North Tyneside, north of Newcastle. The area blends seaside residential appeal with established suburban neighbourhoods and a mix of family homes and rental properties.

    Average Property Price - NE12

    £216,740

    17

    National percentile

    Average Net Household Income - NE12

    £36,673

    42

    National percentile

    10-Year Annualised Price Growth - NE12

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE12

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