31 Launceston Close

    31, LAUNCESTON CLOSE, NEWCASTLE UPON TYNE, NE3 2XX

    This semi-detached freehold property on Launceston Close last sold in April 2014 for £136,000. Based on price growth in the NE3 district since then, its estimated current value is £185,236 — placing it in the 21st percentile nationally and the 27th percentile within NE3. The property covers 65 m² (700 sq ft), giving an estimated value of £2,850 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £136,000

    Apr 2014

    Estimated Valuation

    £185,236

    Est. £/sq ft

    £265/sq ft

    £2,850/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Apr 2014

    £136,000

    8 Aug 1995

    £48,000

    Key Metrics

    Estimated valuation£185,236
    Value per sq ft / m²£265/sq ft (£2,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile27th percentile
    National percentile21st 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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