2 Fairspring

    2, FAIRSPRING, NEWCASTLE UPON TYNE, NE5 2PQ

    This terraced freehold property on Fairspring last sold in November 2013 for £62,500. Based on price growth in the NE5 district since then, its estimated current value is £91,398 — placing it in the 3rd percentile nationally and the 9th percentile within NE5. The property covers 80 m² (861 sq ft), giving an estimated value of £1,142 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £62,500

    Nov 2013

    Estimated Valuation

    £91,398

    Est. £/sq ft

    £106/sq ft

    £1,142/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, electric

    Transaction History

    25 Nov 2013

    £62,500

    Key Metrics

    Estimated valuation£91,398
    Value per sq ft / m²£106/sq ft (£1,142/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile9th percentile
    National percentile3rd 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

    More properties in NE5

    Streets in NE5

    Explore nearby