2, Farne Road
2, Farne Road
Description & Estimates
2, Farne Road, Newcastle Upon Tyne appears in the public record as a Leasehold apartment.
We estimate it to be a mid-century apartment with 668 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Farne Road, Newcastle Upon Tyne is £99,196 and its rental estimate is £772 per month, given the available information and assuming reasonable condition.
Farne Road, Newcastle Upon Tyne, NE12 falls within the NE12 postal district, in the borough of North Tyneside.
Our Data Sources
2, Farne Road, Newcastle Upon Tyne has a single entry in the Land Registry from July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Farne Road, Newcastle Upon Tyne, we estimate a market value of £104,156 and a rental value of £811 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £92,252 and £718 per month respectively.
Recent Market Change
Over the last year, 2, Farne Road, Newcastle Upon Tyne has seen its estimated sale value drop by £678 (0.7%) and its estimated rental value rise by £17 per month (2.2%). This results in an estimated gross rental yield of 9.3%.
Sold Prices
The most recent sale of 2, Farne Road, Newcastle Upon Tyne completed on 18th July 2008 at £82,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.4% over the period since July 2008.
- Sold Jul 2008£82,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Farne Road, Newcastle Upon Tyne have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th May 2025, was 1, Osborne Place, Newcastle Upon Tyne, NE12 9EY, a leasehold flat which sold for £100,000.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 78 addresses on Farne Road, Newcastle Upon Tyne, NE12, 2, Farne Road, Newcastle Upon Tyne comes out as the 65th largest and the 78th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the NE12 district.
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Schools Nearby
- 200mIvy Road Primary School
- 800mForest Hall Primary School
- 800mSt Marys Catholic Primary School, Forest Hall
- 1.4kmGeorge Stephenson High School
- 1.4kmLongbenton High School
- 3.1kmSt Mary's Catholic School
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Public Transport Nearby
From 2, Farne Road, Newcastle Upon Tyne, the nearest station is Northumberland Park (Tyne & Wear), 2.4 kilometres away.
- 2.4kmNorthumberland Park (Tyne & Wear)
- 6.0kmSeaton Delaval
- 6.5kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
