40 The Fairway

    40, THE FAIRWAY, NEWCASTLE UPON TYNE, NE3 5AQ

    This terraced leasehold property on The Fairway last sold in March 2016 for £250,000. Based on price growth in the NE3 district since then, its estimated current value is £332,008 — placing it in the 56th percentile nationally and the 62nd percentile within NE3. The property covers 79 m² (850 sq ft), giving an estimated value of £4,203 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £250,000

    Mar 2016

    Estimated Valuation

    £332,008

    Est. £/sq ft

    £390/sq ft

    £4,203/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2016

    £250,000

    Key Metrics

    Estimated valuation£332,008
    Value per sq ft / m²£390/sq ft (£4,203/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile62nd percentile
    National percentile56th 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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