7 Farnon Road

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

    This semi-detached freehold property on Farnon Road last sold in June 2021 for £167,500. Based on price growth in the NE3 district since then, its estimated current value is £197,795 — placing it in the 24th percentile nationally and the 31st percentile within NE3. The property covers 85 m² (915 sq ft), giving an estimated value of £2,327 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £167,500

    Jun 2021

    Estimated Valuation

    £197,795

    Est. £/sq ft

    £216/sq ft

    £2,327/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateOct 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £167,500

    14 Jul 2016

    £139,950

    Key Metrics

    Estimated valuation£197,795
    Value per sq ft / m²£216/sq ft (£2,327/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile31st percentile
    National percentile24th 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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