2 Chipchase Mews

    2, CHIPCHASE MEWS, GOSFORTH, NEWCASTLE UPON TYNE, NE3 5RH

    This detached freehold property on Chipchase Mews last sold in December 2005 for £290,000. Based on price growth in the NE3 district since then, its estimated current value is £419,496 — placing it in the 70th percentile nationally and the 76th percentile within NE3. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,383 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £290,000

    Dec 2005

    Estimated Valuation

    £419,496

    Est. £/sq ft

    £314/sq ft

    £3,383/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateJun 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2005

    £290,000

    19 Dec 2002

    New build

    £247,000

    Key Metrics

    Estimated valuation£419,496
    Value per sq ft / m²£314/sq ft (£3,383/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile76th percentile
    National percentile70th 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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