40 Wheatfield Road

    40, WHEATFIELD ROAD, WESTERHOPE, NEWCASTLE UPON TYNE, NE5 5JX

    This detached freehold property on Wheatfield Road last sold in March 2022 for £290,000. Based on price growth in the NE5 district since then, its estimated current value is £294,220 — placing it in the 48th percentile nationally and the 88th percentile within NE5. The property covers 114 m² (1,227 sq ft), giving an estimated value of £2,581 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £290,000

    Mar 2022

    Estimated Valuation

    £294,220

    Est. £/sq ft

    £240/sq ft

    £2,581/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area1,227 sq ft (114 m²)
    EPC dateSept 2013
    WallsAverage thermal transmittance 0.31 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2022

    £290,000

    29 Mar 2018

    £168,104

    14 Jul 2016

    £255,000

    29 Nov 2013

    New build

    £224,950

    Key Metrics

    Estimated valuation£294,220
    Value per sq ft / m²£240/sq ft (£2,581/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile88th percentile
    National percentile48th 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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