8 Spires Lane

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

    This terraced freehold property on Spires Lane last sold in May 2018 for £69,000. Based on price growth in the NE6 district since then, its estimated current value is £90,508 — placing it in the 3rd percentile nationally and the 10th percentile within NE6. The property covers 91 m² (980 sq ft), giving an estimated value of £995 per m². The EPC rating is F, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £69,000

    May 2018

    Estimated Valuation

    £90,508

    Est. £/sq ft

    £92/sq ft

    £995/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area980 sq ft (91 m²)
    EPC dateJun 2025
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    11 May 2018

    £69,000

    Key Metrics

    Estimated valuation£90,508
    Value per sq ft / m²£92/sq ft (£995/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile10th 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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