62 Launceston Close

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

    This terraced freehold property on Launceston Close last sold in May 1996 for £43,000. Based on price growth in the NE3 district since then, its estimated current value is £210,759 — placing it in the 27th percentile nationally and the 35th percentile within NE3. The property covers 63 m² (678 sq ft), giving an estimated value of £3,345 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £43,000

    May 1996

    Estimated Valuation

    £210,759

    Est. £/sq ft

    £311/sq ft

    £3,345/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 1996

    £43,000

    Key Metrics

    Estimated valuation£210,759
    Value per sq ft / m²£311/sq ft (£3,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile35th percentile
    National percentile27th 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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