53 Balsam Way

    53, BALSAM WAY, NEWCASTLE UPON TYNE, NE5 1DF

    This detached freehold property on Balsam Way last sold in June 2023 for £334,995. Based on price growth in the NE5 district since then, its estimated current value is £340,463 — placing it in the 57th percentile nationally and the 92nd percentile within NE5. The property covers 110 m² (1,184 sq ft), giving an estimated value of £3,095 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £334,995

    Jun 2023

    Estimated Valuation

    £340,463

    Est. £/sq ft

    £288/sq ft

    £3,095/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,184 sq ft (110 m²)
    EPC dateMay 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2023

    New build

    £334,995

    Key Metrics

    Estimated valuation£340,463
    Value per sq ft / m²£288/sq ft (£3,095/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile92nd percentile
    National percentile57th percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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