16 Farnham Close

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

    This terraced freehold property on Farnham Close last sold in June 2021 for £99,400. Based on price growth in the NE15 district since then, its estimated current value is £108,575 — placing it in the 5th percentile nationally and the 20th percentile within NE15. The property covers 59 m² (635 sq ft), giving an estimated value of £1,840 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £99,400

    Jun 2021

    Estimated Valuation

    £108,575

    Est. £/sq ft

    £171/sq ft

    £1,840/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jun 2021

    £99,400

    25 Aug 1998

    £42,000

    Key Metrics

    Estimated valuation£108,575
    Value per sq ft / m²£171/sq ft (£1,840/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile20th percentile
    National percentile5th 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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