48 The Fairway

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

    This semi-detached leasehold property on The Fairway last sold in February 2019 for £227,000. Based on price growth in the NE3 district since then, its estimated current value is £279,386 — placing it in the 45th percentile nationally and the 51st percentile within NE3. The property covers 67 m² (721 sq ft), giving an estimated value of £4,170 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £227,000

    Feb 2019

    Estimated Valuation

    £279,386

    Est. £/sq ft

    £387/sq ft

    £4,170/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2019

    £227,000

    26 Oct 1995

    £65,000

    Key Metrics

    Estimated valuation£279,386
    Value per sq ft / m²£387/sq ft (£4,170/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile51st percentile
    National percentile45th 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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