2 Farquhar Street

    2, FARQUHAR STREET, NEWCASTLE UPON TYNE, NE2 2JJ

    This terraced freehold property on Farquhar Street last sold in February 2022 for £190,000. Based on price growth in the NE2 district since then, its estimated current value is £188,158 — placing it in the 21st percentile nationally and the 23rd percentile within NE2. The property covers 90 m² (969 sq ft), giving an estimated value of £2,091 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £190,000

    Feb 2022

    Estimated Valuation

    £188,158

    Est. £/sq ft

    £194/sq ft

    £2,091/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateSept 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2022

    £190,000

    Key Metrics

    Estimated valuation£188,158
    Value per sq ft / m²£194/sq ft (£2,091/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile23rd percentile
    National percentile21st percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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