2 Friars Way

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

    This terraced leasehold property on Friars Way last sold in January 2008 for £112,950. Based on price growth in the NE5 district since then, its estimated current value is £148,967 — placing it in the 12th percentile nationally and the 37th percentile within NE5. The property covers 102 m² (1,098 sq ft), giving an estimated value of £1,460 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £112,950

    Jan 2008

    Estimated Valuation

    £148,967

    Est. £/sq ft

    £136/sq ft

    £1,460/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2008

    £112,950

    2 Jun 2005

    £105,000

    23 May 2001

    £48,500

    22 May 1998

    New build

    £47,500

    Key Metrics

    Estimated valuation£148,967
    Value per sq ft / m²£136/sq ft (£1,460/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile37th percentile
    National percentile12th 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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