47 Gorse Hill Way

    47, GORSE HILL WAY, NEWCASTLE UPON TYNE, NE5 3UB

    This flat/maisonette leasehold property on Gorse Hill Way last sold in September 2021 for £50,000. Based on price growth in the NE5 district since then, its estimated current value is £56,202 — placing it in the 0th percentile nationally and the 2nd percentile within NE5. The property covers 55 m² (592 sq ft), giving an estimated value of £1,022 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £50,000

    Sept 2021

    Estimated Valuation

    £56,202

    Est. £/sq ft

    £95/sq ft

    £1,022/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMar 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2021

    £50,000

    Key Metrics

    Estimated valuation£56,202
    Value per sq ft / m²£95/sq ft (£1,022/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile2nd 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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