48 Homeforth House High Street

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

    This flat/maisonette leasehold property on High Street last sold in September 2021 for £85,000. Based on price growth in the NE3 district since then, its estimated current value is £96,527 — placing it in the 3rd percentile nationally and the 6th percentile within NE3. The property covers 58 m² (624 sq ft), giving an estimated value of £1,664 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £85,000

    Sept 2021

    Estimated Valuation

    £96,527

    Est. £/sq ft

    £155/sq ft

    £1,664/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Sept 2021

    £85,000

    3 Sept 2012

    £96,000

    18 Sept 2009

    £81,500

    25 Nov 2002

    £68,500

    Key Metrics

    Estimated valuation£96,527
    Value per sq ft / m²£155/sq ft (£1,664/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile6th percentile
    National percentile3rd 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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