40 Forsyth Road

    40, FORSYTH ROAD, NEWCASTLE UPON TYNE, NE2 3DA

    This terraced leasehold property on Forsyth Road last sold in September 2012 for £124,000. Based on price growth in the NE2 district since then, its estimated current value is £171,200 — placing it in the 17th percentile nationally and the 17th percentile within NE2. The property covers 65 m² (700 sq ft), giving an estimated value of £2,634 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £124,000

    Sept 2012

    Estimated Valuation

    £171,200

    Est. £/sq ft

    £245/sq ft

    £2,634/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJul 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Sept 2012

    £124,000

    Key Metrics

    Estimated valuation£171,200
    Value per sq ft / m²£245/sq ft (£2,634/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile17th percentile
    National percentile17th 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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