12 Farnham Close

    12, FARNHAM CLOSE, NEWCASTLE UPON TYNE, NE15 8RG

    This terraced freehold property on Farnham Close last sold in December 2018 for £75,000. Based on price growth in the NE15 district since then, its estimated current value is £101,582 — placing it in the 4th percentile nationally and the 17th percentile within NE15. The property covers 84 m² (904 sq ft), giving an estimated value of £1,209 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £75,000

    Dec 2018

    Estimated Valuation

    £101,582

    Est. £/sq ft

    £112/sq ft

    £1,209/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2018

    £75,000

    Key Metrics

    Estimated valuation£101,582
    Value per sq ft / m²£112/sq ft (£1,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile17th percentile
    National percentile4th 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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