12 Fairway Close

    12, FAIRWAY CLOSE, NEWCASTLE UPON TYNE, NE3 5AR

    This terraced leasehold property on Fairway Close last sold in December 2023 for £315,000. Based on price growth in the NE3 district since then, its estimated current value is £338,953 — placing it in the 57th percentile nationally and the 63rd percentile within NE3. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,801 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £315,000

    Dec 2023

    Estimated Valuation

    £338,953

    Est. £/sq ft

    £260/sq ft

    £2,801/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateApr 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2023

    £315,000

    11 Jul 2014

    £187,500

    Key Metrics

    Estimated valuation£338,953
    Value per sq ft / m²£260/sq ft (£2,801/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile63rd percentile
    National percentile57th 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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