2 Fergusons Lane

    2, FERGUSONS LANE, NEWCASTLE UPON TYNE, NE15 7PL

    This detached freehold property on Fergusons Lane last sold in June 2023 for £121,000. Based on price growth in the NE15 district since then, its estimated current value is £119,698 — placing it in the 7th percentile nationally and the 24th percentile within NE15. The property covers 78 m² (840 sq ft), giving an estimated value of £1,535 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £121,000

    Jun 2023

    Estimated Valuation

    £119,698

    Est. £/sq ft

    £143/sq ft

    £1,535/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateApr 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jun 2023

    £121,000

    Key Metrics

    Estimated valuation£119,698
    Value per sq ft / m²£143/sq ft (£1,535/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile24th percentile
    National percentile7th 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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