Fairmont Gateshead Road

    FAIRMONT, GATESHEAD ROAD, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5LG

    This semi-detached freehold property on Gateshead Road last sold in March 2020 for £325,000. Based on price growth in the NE16 district since then, its estimated current value is £375,261 — placing it in the 63rd percentile nationally and the 88th percentile within NE16. The property covers 150 m² (1,615 sq ft), giving an estimated value of £2,502 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £325,000

    Mar 2020

    Estimated Valuation

    £375,261

    Est. £/sq ft

    £232/sq ft

    £2,502/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,615 sq ft (150 m²)
    EPC dateMay 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Mar 2020

    £325,000

    20 Aug 2015

    £148,000

    Key Metrics

    Estimated valuation£375,261
    Value per sq ft / m²£232/sq ft (£2,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile88th percentile
    National percentile63rd 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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