40 Southwood Gardens

    40, SOUTHWOOD GARDENS, NEWCASTLE UPON TYNE, NE3 3BU

    This terraced freehold property on Southwood Gardens last sold in December 2017 for £245,000. Based on price growth in the NE3 district since then, its estimated current value is £328,371 — placing it in the 55th percentile nationally and the 61st percentile within NE3. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,807 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £245,000

    Dec 2017

    Estimated Valuation

    £328,371

    Est. £/sq ft

    £261/sq ft

    £2,807/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,259 sq ft (117 m²)
    EPC dateNov 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2017

    £245,000

    16 Apr 2014

    £218,000

    5 May 2006

    £181,500

    2 Jul 1999

    £72,500

    Key Metrics

    Estimated valuation£328,371
    Value per sq ft / m²£261/sq ft (£2,807/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile61st percentile
    National percentile55th 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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