7 Finsmere Place

    7, FINSMERE PLACE, NEWCASTLE UPON TYNE, NE5 2PD

    This detached freehold property on Finsmere Place last sold in February 2023 for £170,000. Based on price growth in the NE5 district since then, its estimated current value is £172,775 — placing it in the 18th percentile nationally and the 48th percentile within NE5. The property covers 73 m² (786 sq ft), giving an estimated value of £2,367 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £170,000

    Feb 2023

    Estimated Valuation

    £172,775

    Est. £/sq ft

    £220/sq ft

    £2,367/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateNov 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2023

    £170,000

    26 Aug 2011

    £115,000

    24 Sept 2010

    £87,000

    Key Metrics

    Estimated valuation£172,775
    Value per sq ft / m²£220/sq ft (£2,367/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile48th percentile
    National percentile18th 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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