45 Fairspring

    45, FAIRSPRING, NEWCASTLE UPON TYNE, NE5 2PY

    This terraced freehold property on Fairspring last sold in December 2015 for £73,000. Based on price growth in the NE5 district since then, its estimated current value is £107,465 — placing it in the 5th percentile nationally and the 16th percentile within NE5. The property covers 92 m² (990 sq ft), giving an estimated value of £1,168 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £73,000

    Dec 2015

    Estimated Valuation

    £107,465

    Est. £/sq ft

    £109/sq ft

    £1,168/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2015

    £73,000

    17 Nov 2009

    £80,000

    Key Metrics

    Estimated valuation£107,465
    Value per sq ft / m²£109/sq ft (£1,168/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile16th percentile
    National percentile5th 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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