2b Balmain Road

    2B, BALMAIN ROAD, NEWCASTLE UPON TYNE, NE3 3QR

    This detached freehold property on Balmain Road last sold in March 2023 for £165,000. Based on price growth in the NE3 district since then, its estimated current value is £157,781 — placing it in the 14th percentile nationally and the 18th percentile within NE3. The property covers 89 m² (958 sq ft), giving an estimated value of £1,773 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £165,000

    Mar 2023

    Estimated Valuation

    £157,781

    Est. £/sq ft

    £165/sq ft

    £1,773/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageD
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateSept 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    £165,000

    Key Metrics

    Estimated valuation£157,781
    Value per sq ft / m²£165/sq ft (£1,773/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile18th percentile
    National percentile14th 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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