2 Broom Lane

    2, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QP

    This terraced freehold property on Broom Lane last sold in January 2020 for £240,000. Based on price growth in the NE16 district since then, its estimated current value is £280,644 — placing it in the 45th percentile nationally and the 72nd percentile within NE16.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    Last Sale Price

    £240,000

    Jan 2020

    Estimated Valuation

    £280,644

    Est. £/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formNot available
    Construction ageNot available
    Habitable roomsNot available
    Main fuelNot available
    EPC currentNot available
    EPC potentialNot available
    Floor areaNot available
    EPC dateNot available
    WallsNot available
    HeatingNot available

    Transaction History

    13 Jan 2020

    £240,000

    24 Oct 2014

    £162,000

    23 Dec 2009

    £155,950

    23 Dec 2009

    £155,950

    18 May 1995

    £88,625

    Key Metrics

    Estimated valuation£280,644
    Value per sq ft / m²Not available
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile72nd percentile
    National percentile45th 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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