4 Farnham Close

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

    This terraced freehold property on Farnham Close last sold in July 2018 for £50,000. Based on price growth in the NE15 district since then, its estimated current value is £67,721 — placing it in the 1st percentile nationally and the 5th percentile within NE15. The property covers 72 m² (775 sq ft), giving an estimated value of £941 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £50,000

    Jul 2018

    Estimated Valuation

    £67,721

    Est. £/sq ft

    £87/sq ft

    £941/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateOct 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jul 2018

    £50,000

    Key Metrics

    Estimated valuation£67,721
    Value per sq ft / m²£87/sq ft (£941/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile5th 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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