17 Lumley Way

    17, LUMLEY WAY, NEWCASTLE UPON TYNE, NE3 5RR

    This detached freehold property on Lumley Way last sold in May 2017 for £750,000. Based on price growth in the NE3 district since then, its estimated current value is £927,871 — placing it in the 95th percentile nationally and the 97th percentile within NE3. The property covers 372 m² (4,004 sq ft), giving an estimated value of £2,494 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    4,004 sq ft

    372 m²

    Last Sale Price

    £750,000

    May 2017

    Estimated Valuation

    £927,871

    Est. £/sq ft

    £232/sq ft

    £2,494/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area4,004 sq ft (372 m²)
    EPC dateJun 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    17 May 2017

    £750,000

    29 Jun 2007

    £765,000

    Key Metrics

    Estimated valuation£927,871
    Value per sq ft / m²£232/sq ft (£2,494/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile97th percentile
    National percentile95th 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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