The Beacon Rectory Lane

    THE BEACON, RECTORY LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PE

    This detached freehold property on Rectory Lane last sold in May 2006 for £900,000. Based on price growth in the NE16 district since then, its estimated current value is £1,301,036 — placing it in the 98th percentile nationally and the 100th percentile within NE16. The property covers 319 m² (3,434 sq ft), giving an estimated value of £4,078 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,434 sq ft

    319 m²

    Last Sale Price

    £900,000

    May 2006

    Estimated Valuation

    £1,301,036

    Est. £/sq ft

    £379/sq ft

    £4,078/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageA
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area3,434 sq ft (319 m²)
    EPC dateApr 2012
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2006

    £900,000

    Key Metrics

    Estimated valuation£1,301,036
    Value per sq ft / m²£379/sq ft (£4,078/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile100th percentile
    National percentile98th percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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