2 Fairburn Avenue

    2, FAIRBURN AVENUE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE7 7TT

    This semi-detached freehold property on Fairburn Avenue last sold in April 2003 for £72,000. Based on price growth in the NE7 district since then, its estimated current value is £157,933 — placing it in the 14th percentile nationally and the 18th percentile within NE7. The property covers 85 m² (915 sq ft), giving an estimated value of £1,858 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £72,000

    Apr 2003

    Estimated Valuation

    £157,933

    Est. £/sq ft

    £173/sq ft

    £1,858/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Apr 2003

    £72,000

    Key Metrics

    Estimated valuation£157,933
    Value per sq ft / m²£173/sq ft (£1,858/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE7 district percentile18th percentile
    National percentile14th percentile

    District Context — NE7

    NE7 covers central Newcastle and surrounding neighbourhoods in the northeast of the city. It is a mixed residential and urban area with strong professional employment and established community appeal.

    Average Property Price - NE7

    £268,320

    33

    National percentile

    Average Net Household Income - NE7

    £43,944

    73

    National percentile

    10-Year Annualised Price Growth - NE7

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE7

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