2, Greyfriars Lane
2, Greyfriars Lane
Description & Estimates
Public records show 2, Greyfriars Lane, Newcastle Upon Tyne to be a modern freehold house with 936 ft2 of internal area, sitting on a 130 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Greyfriars Lane, Newcastle Upon Tyne has an estimated sale value of £208,544 and an estimated rental value of £1,321 per month, assuming reasonable condition and based on the information available.
Greyfriars Lane, Newcastle Upon Tyne, NE12 lies in the borough of North Tyneside, within the NE12 postal district.
Our Data Sources
2, Greyfriars Lane, Newcastle Upon Tyne has 3 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Greyfriars Lane, Newcastle Upon Tyne would be worth £218,971, with a potential rental value of £1,387 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £193,946, with a rental value of £1,228 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Greyfriars Lane, Newcastle Upon Tyne has increased by £1,846 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £53 (4.0%). The property's estimated gross yield is currently 7.6%.
Plot Size
2, Greyfriars Lane, Newcastle Upon Tyne occupies a 130 m2 plot as recorded by HM Land Registry.
All 26 other houses in this postcode have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
2, Greyfriars Lane, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Greyfriars Lane, Newcastle Upon Tyne last changed hands on 5th January 2021, selling for £167,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 26.7% since January 2021.
- Sold Jan 2021£167,000
- Sold Oct 2014£155,000
- Sold Nov 2009£164,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 2, Greyfriars Lane, Newcastle Upon Tyne across the last 2 years.
Most recently, 17, Carrigill Drive, Newcastle Upon Tyne, NE12 8NW, a freehold house, sold at £225,000 on the 5th December 2024.
Read more about house prices in NE12.
- Sold Dec 2024£225,000 | 3 Bed HouseCarrigill Drive17, Carrigill Drive, Newcastle Upon Tyne, NE12 8NW
- Sold Nov 2024£220,000 | 3 Bed HouseBeaumaris Court31, Beaumaris Court, Newcastle Upon Tyne, NE12 8PF
- Sold Oct 2022£220,000 | 3 Bed HouseGreyfriars Lane18, Greyfriars Lane, Newcastle Upon Tyne, NE12 8SS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Greyfriars Lane, Newcastle Upon Tyne as the 8th largest and the 8th most expensive of the 26 addresses on Greyfriars Lane, Newcastle Upon Tyne, NE12.
Against the NE12 postcode district average, it is £3k more expensive than the typical property.
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Schools Nearby
- 900mSt Stephen's Catholic Primary School, Newcastle
- 900mSt Bartholomew's Church of England Primary School (Aided)
- 1.1kmBenton Park Primary School
- 700mSt Mary's Catholic School
- 1.1kmLongbenton High School
- 2.1kmJesmond Park Academy
More reading links
Public Transport Nearby
Manors station is the nearest stop to 2, Greyfriars Lane, Newcastle Upon Tyne at 4.6 kilometres away.
- 4.6kmManors
- 4.9kmNorthumberland Park (Tyne & Wear)
- 5.3kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
