12, Fairway Close
12, Fairway Close
Description & Estimates
According to the public record, 12, Fairway Close, Newcastle Upon Tyne is a mid-century leasehold house with 1,302 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Fairway Close, Newcastle Upon Tyne is £318,831 and the estimated rental value is £1,699 per month.
Fairway Close, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
Our Data Sources
12, Fairway Close, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Fairway Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £334,773 and a rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,513 and a rental value of £1,580 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Fairway Close, Newcastle Upon Tyne has increased by £1,744 (0.5%), while its estimated rental value has grown by £47 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
12, Fairway Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Fairway Close, Newcastle Upon Tyne was last sold on 20th December 2023 for £315,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has dropped by 10.6%.
- Sold Dec 2023£315,000
- Sold Jul 2014£187,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Fairway Close, Newcastle Upon Tyne within a radius of 760 metres over the last 2 years.
The most recent example is 7, Fairway Close, Newcastle Upon Tyne, NE3 5AR, a leasehold house which sold for £300,000 on the 4th July 2024.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Fairway Close, Newcastle Upon Tyne, NE3 has a total of 14 addresses. According to our analysis of all the public data, 12, Fairway Close, Newcastle Upon Tyne is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in NE3.
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Schools Nearby
- 1.0kmGosforth Park First School
- 1.1kmGrange First School
- 1.1kmSt Oswald's Catholic Primary School, Gosforth
- 1.2kmGosforth Academy
- 2.7kmKenton School
- 2.9kmSt Mary's Catholic School
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Public Transport Nearby
The closest station to 12, Fairway Close, Newcastle Upon Tyne is Manors station, which is 5.8 kilometres away.
- 5.8kmManors
- 6.2kmNewcastle
- 7.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
