2 Fosse Law

    2, FOSSE LAW, NEWCASTLE UPON TYNE, NE15 9AR

    This semi-detached freehold property on Fosse Law last sold in March 2020 for £103,000. Based on price growth in the NE15 district since then, its estimated current value is £118,058 — placing it in the 6th percentile nationally and the 24th percentile within NE15. The property covers 77 m² (829 sq ft), giving an estimated value of £1,533 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £103,000

    Mar 2020

    Estimated Valuation

    £118,058

    Est. £/sq ft

    £142/sq ft

    £1,533/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Mar 2020

    £103,000

    Key Metrics

    Estimated valuation£118,058
    Value per sq ft / m²£142/sq ft (£1,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile24th percentile
    National percentile6th 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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