9 Fairspring

    9, FAIRSPRING, NEWCASTLE UPON TYNE, NE5 2PX

    This terraced freehold property on Fairspring last sold in February 2019 for £80,000. Based on price growth in the NE5 district since then, its estimated current value is £103,181 — placing it in the 4th percentile nationally and the 14th percentile within NE5. The property covers 77 m² (829 sq ft), giving an estimated value of £1,340 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £80,000

    Feb 2019

    Estimated Valuation

    £103,181

    Est. £/sq ft

    £124/sq ft

    £1,340/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    8 Feb 2019

    £80,000

    4 Jul 2003

    £37,000

    23 Oct 1998

    £32,950

    Key Metrics

    Estimated valuation£103,181
    Value per sq ft / m²£124/sq ft (£1,340/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile14th percentile
    National percentile4th 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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