2 Farnham Close

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

    This terraced freehold property on Farnham Close last sold in June 2006 for £92,000. Based on price growth in the NE15 district since then, its estimated current value is £130,160 — placing it in the 9th percentile nationally and the 30th percentile within NE15. The property covers 71 m² (764 sq ft), giving an estimated value of £1,833 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £92,000

    Jun 2006

    Estimated Valuation

    £130,160

    Est. £/sq ft

    £170/sq ft

    £1,833/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateDec 2022
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2006

    £92,000

    Key Metrics

    Estimated valuation£130,160
    Value per sq ft / m²£170/sq ft (£1,833/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile30th percentile
    National percentile9th 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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