245 Armstrong Road

    245, ARMSTRONG ROAD, NEWCASTLE UPON TYNE, NE15 6JE

    This detached leasehold property on Armstrong Road last sold in December 2021 for £163,000. Based on price growth in the NE15 district since then, its estimated current value is £180,194 — placing it in the 19th percentile nationally and the 57th percentile within NE15. The property covers 69 m² (743 sq ft), giving an estimated value of £2,612 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £163,000

    Dec 2021

    Estimated Valuation

    £180,194

    Est. £/sq ft

    £243/sq ft

    £2,612/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateOct 2017
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingCommunity scheme

    Transaction History

    16 Dec 2021

    £163,000

    26 Jan 2018

    New build

    £139,995

    Key Metrics

    Estimated valuation£180,194
    Value per sq ft / m²£243/sq ft (£2,612/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile57th percentile
    National percentile19th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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