2 Fairway Close

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

    This terraced leasehold property on Fairway Close last sold in June 2021 for £290,000. Based on price growth in the NE3 district since then, its estimated current value is £351,530 — placing it in the 59th percentile nationally and the 66th percentile within NE3. The property covers 128 m² (1,378 sq ft), giving an estimated value of £2,746 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £290,000

    Jun 2021

    Estimated Valuation

    £351,530

    Est. £/sq ft

    £255/sq ft

    £2,746/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,378 sq ft (128 m²)
    EPC dateOct 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2021

    £290,000

    9 Dec 2016

    £200,000

    18 Sept 1998

    £86,000

    Key Metrics

    Estimated valuation£351,530
    Value per sq ft / m²£255/sq ft (£2,746/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile66th percentile
    National percentile59th 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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