71 Fairspring

    71, FAIRSPRING, NEWCASTLE UPON TYNE, NE5 2PY

    This terraced freehold property on Fairspring last sold in August 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 103 m² (1,109 sq ft), giving an estimated value of £1,002 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £80,000

    Aug 2019

    Estimated Valuation

    £103,181

    Est. £/sq ft

    £93/sq ft

    £1,002/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    21 Aug 2019

    £80,000

    19 Mar 2004

    £54,830

    22 Jan 2002

    £34,000

    10 Apr 2000

    £27,500

    Key Metrics

    Estimated valuation£103,181
    Value per sq ft / m²£93/sq ft (£1,002/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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