50 Launceston Close

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

    This terraced freehold property on Launceston Close last sold in July 2022 for £142,000. Based on price growth in the NE3 district since then, its estimated current value is £165,143 — placing it in the 16th percentile nationally and the 20th percentile within NE3. The property covers 66 m² (710 sq ft), giving an estimated value of £2,502 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £142,000

    Jul 2022

    Estimated Valuation

    £165,143

    Est. £/sq ft

    £232/sq ft

    £2,502/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2022

    £142,000

    12 Aug 2004

    £125,000

    3 May 2002

    £70,000

    Key Metrics

    Estimated valuation£165,143
    Value per sq ft / m²£232/sq ft (£2,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile20th percentile
    National percentile16th 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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