1 The Larches Busty Bank

    1 THE LARCHES, BUSTY BANK, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NG

    This detached freehold property on Busty Bank last sold in July 2022 for £295,000. Based on price growth in the NE16 district since then, its estimated current value is £310,445 — placing it in the 51st percentile nationally and the 79th percentile within NE16. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,609 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £295,000

    Jul 2022

    Estimated Valuation

    £310,445

    Est. £/sq ft

    £242/sq ft

    £2,609/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,281 sq ft (119 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2022

    £295,000

    11 Jan 2018

    £220,000

    29 Aug 2014

    £178,500

    Key Metrics

    Estimated valuation£310,445
    Value per sq ft / m²£242/sq ft (£2,609/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile79th percentile
    National percentile51st 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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