8 Spital Terrace

    8, SPITAL TERRACE, NEWCASTLE UPON TYNE, NE3 1UT

    This terraced freehold property on Spital Terrace last sold in September 2024 for £394,600. Based on price growth in the NE3 district since then, its estimated current value is £434,837 — placing it in the 72nd percentile nationally and the 78th percentile within NE3. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,535 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £394,600

    Sept 2024

    Estimated Valuation

    £434,837

    Est. £/sq ft

    £328/sq ft

    £3,535/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateJul 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2024

    £394,600

    30 Nov 2018

    £303,800

    20 Jul 2012

    £193,800

    Key Metrics

    Estimated valuation£434,837
    Value per sq ft / m²£328/sq ft (£3,535/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile78th percentile
    National percentile72nd 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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