40 Fairfield Road

    40, FAIRFIELD ROAD, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3BY

    This flat/maisonette leasehold property on Fairfield Road last sold in January 2002 for £85,000. Based on price growth in the NE2 district since then, its estimated current value is £156,323 — placing it in the 14th percentile nationally and the 12th percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £2,842 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £85,000

    Jan 2002

    Estimated Valuation

    £156,323

    Est. £/sq ft

    £264/sq ft

    £2,842/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateSept 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jan 2002

    £85,000

    19 Jul 1996

    £52,250

    Key Metrics

    Estimated valuation£156,323
    Value per sq ft / m²£264/sq ft (£2,842/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile12th percentile
    National percentile14th 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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