11 Spires Lane

    11, SPIRES LANE, NEWCASTLE UPON TYNE, NE6 2NT

    This terraced freehold property on Spires Lane last sold in December 2017 for £63,500. Based on price growth in the NE6 district since then, its estimated current value is £93,652 — placing it in the 3rd percentile nationally and the 11th percentile within NE6. The property covers 90 m² (969 sq ft), giving an estimated value of £1,041 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £63,500

    Dec 2017

    Estimated Valuation

    £93,652

    Est. £/sq ft

    £97/sq ft

    £1,041/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (community)
    EPC currentC
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateJul 2017
    WallsTimber frame, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    15 Dec 2017

    £63,500

    Key Metrics

    Estimated valuation£93,652
    Value per sq ft / m²£97/sq ft (£1,041/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile11th percentile
    National percentile3rd percentile

    District Context — NE6

    NE6 covers central Newcastle, including areas around the city's core and northern residential neighbourhoods. It is a mixed urban community with strong rental demand and considerable social housing provision.

    Average Property Price - NE6

    £204,282

    13

    National percentile

    Average Net Household Income - NE6

    £19,923

    2

    National percentile

    10-Year Annualised Price Growth - NE6

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE6

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