16 Friars Way

    16, FRIARS WAY, NEWCASTLE UPON TYNE, NE5 2EX

    This terraced leasehold property on Friars Way last sold in October 2009 for £80,000. Based on price growth in the NE5 district since then, its estimated current value is £115,703 — placing it in the 6th percentile nationally and the 20th percentile within NE5. The property covers 65 m² (700 sq ft), giving an estimated value of £1,780 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £80,000

    Oct 2009

    Estimated Valuation

    £115,703

    Est. £/sq ft

    £165/sq ft

    £1,780/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateFeb 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2009

    £80,000

    17 May 2002

    New build

    £50,000

    Key Metrics

    Estimated valuation£115,703
    Value per sq ft / m²£165/sq ft (£1,780/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile20th percentile
    National percentile6th 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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