3 Furness Grove

    3, FURNESS GROVE, NEWCASTLE UPON TYNE, NE5 4ER

    This detached leasehold property on Furness Grove last sold in February 2022 for £280,000. Based on price growth in the NE5 district since then, its estimated current value is £284,075 — placing it in the 46th percentile nationally and the 86th percentile within NE5. The property covers 117 m² (1,259 sq ft), giving an estimated value of £2,428 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £280,000

    Feb 2022

    Estimated Valuation

    £284,075

    Est. £/sq ft

    £226/sq ft

    £2,428/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,259 sq ft (117 m²)
    EPC dateSept 2016
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Feb 2022

    £280,000

    30 Sept 2016

    New build

    £242,995

    Key Metrics

    Estimated valuation£284,075
    Value per sq ft / m²£226/sq ft (£2,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile86th percentile
    National percentile46th 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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