48 Fairspring

    48, FAIRSPRING, NEWCASTLE UPON TYNE, NE5 2PQ

    This flat/maisonette leasehold property on Fairspring last sold in April 2015 for £36,000. Based on price growth in the NE5 district since then, its estimated current value is £48,659 — placing it in the 0th percentile nationally and the 1st percentile within NE5. The property covers 82 m² (883 sq ft), giving an estimated value of £593 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £36,000

    Apr 2015

    Estimated Valuation

    £48,659

    Est. £/sq ft

    £55/sq ft

    £593/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Apr 2015

    £36,000

    Key Metrics

    Estimated valuation£48,659
    Value per sq ft / m²£55/sq ft (£593/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile1st percentile
    National percentile0th 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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