4 Penrose Green

    4, PENROSE GREEN, NEWCASTLE UPON TYNE, NE3 3TL

    This terraced freehold property on Penrose Green last sold in May 2015 for £80,000. Based on price growth in the NE3 district since then, its estimated current value is £118,472 — placing it in the 7th percentile nationally and the 9th percentile within NE3. The property covers 61 m² (657 sq ft), giving an estimated value of £1,942 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £80,000

    May 2015

    Estimated Valuation

    £118,472

    Est. £/sq ft

    £180/sq ft

    £1,942/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2015

    £80,000

    Key Metrics

    Estimated valuation£118,472
    Value per sq ft / m²£180/sq ft (£1,942/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile9th percentile
    National percentile7th 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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