48 Launceston Close

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

    This terraced freehold property on Launceston Close last sold in July 2015 for £123,000. Based on price growth in the NE3 district since then, its estimated current value is £182,150 — placing it in the 20th percentile nationally and the 26th percentile within NE3. The property covers 71 m² (764 sq ft), giving an estimated value of £2,565 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £123,000

    Jul 2015

    Estimated Valuation

    £182,150

    Est. £/sq ft

    £238/sq ft

    £2,565/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateJan 2026
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2015

    £123,000

    22 Feb 2006

    £123,000

    29 May 2002

    £70,500

    28 Nov 1997

    £43,000

    20 Sept 1996

    £41,000

    Key Metrics

    Estimated valuation£182,150
    Value per sq ft / m²£238/sq ft (£2,565/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile26th percentile
    National percentile20th 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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