45 Homeforth House High Street

    45 HOMEFORTH HOUSE, HIGH STREET, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1LL

    This flat/maisonette leasehold property on High Street last sold in May 2020 for £50,000. Based on price growth in the NE3 district since then, its estimated current value is £54,356 — placing it in the 0th percentile nationally and the 1st percentile within NE3. The property covers 38 m² (409 sq ft), giving an estimated value of £1,430 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £50,000

    May 2020

    Estimated Valuation

    £54,356

    Est. £/sq ft

    £133/sq ft

    £1,430/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area409 sq ft (38 m²)
    EPC dateSept 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    6 May 2020

    £50,000

    20 Jan 2017

    £36,000

    16 Dec 2002

    £46,000

    31 Aug 2001

    £39,000

    23 Jan 1998

    £36,950

    Key Metrics

    Estimated valuation£54,356
    Value per sq ft / m²£133/sq ft (£1,430/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile1st percentile
    National percentile0th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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