23 Farnon Road

    23, FARNON ROAD, NEWCASTLE UPON TYNE, NE3 3US

    This semi-detached freehold property on Farnon Road last sold in November 2022 for £130,500. Based on price growth in the NE3 district since then, its estimated current value is £141,269 — placing it in the 11th percentile nationally and the 14th percentile within NE3. The property covers 81 m² (872 sq ft), giving an estimated value of £1,744 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £130,500

    Nov 2022

    Estimated Valuation

    £141,269

    Est. £/sq ft

    £162/sq ft

    £1,744/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateAug 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2022

    £130,500

    Key Metrics

    Estimated valuation£141,269
    Value per sq ft / m²£162/sq ft (£1,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile14th percentile
    National percentile11th 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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