3 Farnham Close

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

    This flat/maisonette leasehold property on Farnham Close last sold in March 2007 for £88,000. Based on price growth in the NE15 district since then, its estimated current value is £75,568 — placing it in the 1st percentile nationally and the 8th percentile within NE15. The property covers 56 m² (603 sq ft), giving an estimated value of £1,349 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £88,000

    Mar 2007

    Estimated Valuation

    £75,568

    Est. £/sq ft

    £125/sq ft

    £1,349/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateMar 2016
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    21 Mar 2007

    £88,000

    Key Metrics

    Estimated valuation£75,568
    Value per sq ft / m²£125/sq ft (£1,349/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile8th percentile
    National percentile1st 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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